Image borrowed from the VancouverSun.com
I’m sure by now many of you have heard about the lost ground the provincial liquor monopoly intends to make up through raising the wine markups from 117% to 123% (because the new Harmonized Sales Tax would have actually saved BC wine lovers 3%, god forbid). At what point will the wine drinkers of BC decide that enough is enough? The 150% mark? I guess we’re going to need to make new buttons.
It’s great to see recent mainstream media coverage in the Vancouver Sun on the issue:
Gismondi’s Government gouging negates a tax break
Doug Ward’s LDB increases markup on booze as HST lowers tax
Plus check out Mark Hicken’s post on Winelaw.ca BC Increases Wine Markup from 117% to 123%
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2 Responses:
May 31st, 2010 at 12:22 pm
[...] For a background of how the HST will burn BC wine lovers, check out Jake’s recent post… [...]