It's been that way here for as long as I can remember... We pay for the fuel. WE pay Federal Excise tax. We pay Road tax (except on exempt fuel) We pay a Harmonized Sales Tax (HST) on the SUM of the previous three... so it's not just a tax, it's a stacked tax.
It's not really a big deal though. Any business with a business registration number is elegible to claim the tax back. We must also charge tax on most everything we do... The end result is that HST is revenue neutral to a business.... but we are loaning our money to the government for the quarter or the year, depending on how we file. At the end of the day it's a consumption tax on the consumer, not businesses... and another bit of paperwork.
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Today's Featured Article - Timing Your Magneto Ignition Tractor - by Chris Pratt. If you have done major engine work or restored your tractor, chances are you removed the magneto and spark plug wires and eventually reached the point where you had to put it all back together and make it run. On our first cosmetic restoration, not having a manual, we carefully marked the wires, taped the magneto in the position it came off, and were careful not to turn the engine over while we had these components off. We thought we could get by with this since the engine ran perfectly and would not need any internal work. After the cleanup and painting was done, we began reassembly and finally came to t
... [Read Article]
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