M0oP0o@mander.xyz 1 week ago
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%).
UmeU@lemmy.world 6 days ago
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.
M0oP0o@mander.xyz 6 days ago
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)
UmeU@lemmy.world 6 days ago
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.
M0oP0o@mander.xyz 6 days ago
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.