In Nova Scotia we pay a Harmonized Sales Tax (HST) on everything except food and farm inputs directly related to food production... meaning we pay it on fuel but not seed, fertilizer. Currently it is 13% on top of the selling price. That said... for ~any~ registered business, you are required to collect and remit tax and then you apply for a full tax refund on what you paid. It's intended to be revenue neutral for businesses. It's aimed at the final consumer on everything except food which is not taxed. Really it's just a bit of paperwork to keep track of it, so there is a cost on that side but as taxes go it's rather simple in my opinion. It's really only a small amount more work for any business that's keeping records anyway. Probably one of the fairest, most evenly applied tax structures there is for the simple reason that there's no real way to beat it aside from going all cash.... which is not really realistic to do.
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Today's Featured Article - The Fordson F Ignition System - by Anthony West. A fellow restorer contacted me earlier this year asking for some help and advice on a model F that he was restoring. He had over a period of months spent a fair amount of his hard earned cash on replacement parts for the old "trembler" ignition. Sadly though all his efforts seemed to be a waste of time and money as he still couldn''t get the temperamental old thing to run correctly!! If i said that this was a little frustrating for him that would be "conservative" in fact the problem had reduce
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1964 I-H 140 tractor with cultivators and sidedresser. Starts and runs good. Asking 2650. CALL RON AT 502-319-1952
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