Friday, July 2, 2010
Today at my "usual place" I bought a pizza slice and can of ginger ale, paying $3.92. Before the HST, the cost was $3.50.
Although the new price seemed higher than it should be, I paid without comment (holding my tongue even while the cashier struggled with a calculator to make change from $4.02. How ridiculous.)
Later, while munching on the hot slice in my left hand, I scribbled some pencil math on a napkin with my right hand, and concluded the price for my pizza & pop had increased by 12%.
What the heck? If a 5% GST on fast food (and other convenience items) is replaced by a 12% HST, shouldn't the net increase be 7%?
What is the pizza shop owner doing? I'm going to start packing my own lunch more often.
I will do more research on this at other places. I really hope I don't have to write headlines like this going forward:
BC businesses fail to pass along HST savings to consumers
BC businesses evil pricing scheme: raise prices 5% in lieu of GST, then add 12% HST
Some BC stores fleecing customers for GST and HST
Mom & Pop store hoses local families 17% tax via HST pricing scam