Mastodawn

eezeebee Dec 14, 2024

As the Canada "tax holiday" starts, Walmart increased the price of an item by the amount I would have saved

As the Canada "tax holiday" starts, Walmart increased the price of an item by the amount I would have saved - Lemmy.ca

Canada has implemented a new tax savings from December to February for some things like taxable groceries, crafts, and gaming physical media. I wanted to get a new Xbox controller and found the best price at Walmart for $55 a week ago. The tax holiday starts today and I now see that the $55 has increased to $62 and change, which is about how much tax I should be saving. Great to see this thinly veiled attempt to help Canadians ( /s - win votes) is just going to be extra profit in the corporations’ pockets.

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M0oP0o Dec 16, 2024

I am just really glad none of the crap I sell is included. The list and logistics to comply with this “holiday” is insane.

Lets say you run a liquor store:

Beer, cider, sake and wine are now not taxed
But wine, cider and sake over 22.9% is still taxed
Spirit coolers and premixed alcoholic beverages are now not taxed
Spirit coolers and premixed alcoholic beverages over 7% are still taxed
Gift boxes/baskets are taxed
Unless those boxes/baskets have more then 90% the value in beverages that meet the tax holiday requirements

This is not even opening the other categories (Oh don’t even think about child car seat/strollers). The cost of this program on stores and taxpayers (the cost of it is payed by the lack of tax and also the tax collected being diverted to this program) is not worth the 5% off some people will see (since most places will just up the price 5%).

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UmeU

It would cost thousands in labor to set up temporary tax rates based on alcohol content. Most systems have tax rates which apply to product categories, not alcohol content. Liquor store pos systems in the US, at least in my state, typically don’t even store the abv in the price book, which would make this taxation virtually impossible to comply with.

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M0oP0o Dec 16, 2024

Yeap, this is Canada where stuff like this is rolled out in a month or so and businesses are just told to comply.

(Oh and those examples are from the Canada.ca official list not hyperbole)

GST/HST break - Canada.ca

A proposed measure to provide GST/HST relief on certain items beginning December 14, 2024, and ending February 15, 2025.

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UmeU Dec 16, 2024

Crazy, they’re basically saying, ‘we know this is impossible so just do your best, as long as you remit everything you collect then it doesn’t really matter what/how you collect’.

This is very unfair to the small business because inevitably there will be some customers who will be pissed off when the store doesn’t collect properly, and small business won’t even come close to doing it correctly.

Making temporary short term massive changes to taxation is a very dumb idea. Canada must be drinking uncle Sam’s koolaid to be acting this foolish.

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M0oP0o Dec 16, 2024

Most people don’t even care and did not know this even started, its just another failed attempt of the current government to gain support.

This one is extra silly, but the silver lining is that it has got people of drastically different political viewpoints something to agree on. You could have a talk show with the most rabid pundits from opposite sides discuss this and the only arguments would be what the worst part of this plan is.

There is also another component to this as well, everyone is supposed to get $250 in the mail (or direct deposit). And that’s also just bad tax policy that has been made fun of in the past. On top of that they have not managed to actually pass legislation or even figured out how to do this at this point. Oh and the post office is still on strike.