Countering the Myths Surrounding BC's Harmonized Sales Tax

Printer-friendly version

This study addresses many of the myths and misunderstandings about the HST, highlights the shortcomings of the current provincial sales tax system, and explains the differences between the PST and the harmonized sales tax.

The study is divided into two parts. The first section examines the economic efficiency of different types of taxes and summarizes the main differences between the current provincial sales tax (PST) and harmonized sales tax (HST). The second section dispels many commonly held myths about the HST: that it will increase the amount of tax that British Columbians will pay, that it is good for business but bad for regular British Columbians, that it will hurt low-income groups disproportionately, and that it will reduce jobs and employment opportunities.

More from this study

Subscribe to the Fraser Institute

Get the latest news from the Fraser Institute on the latest research studies, news and events.