I BOUGHT A USED VEHICLE a couple of weeks ago. It reminded me how little I understand about some parts of our tax system.
I get the concepts of income taxes and property taxes though they’re rife with complexity and seeming contradictions, which anyone who’s just gone through filing their income tax return knows. But other parts of the system are a mystery.
Taxes permeate every scintilla of our lives. Friday, the carbon tax was back in the news, and gasoline taxes have been on billboards at the Coast all week.
Anyway, I traded in my 14-year-old vehicle for a somewhat newer one that I found at a local car lot. On top of the agreed-to-price, I had to shell out five per cent GST plus seven per cent PST on the difference between the trade-in and the newer one.
We all have to pay our taxes but I don’t accept the principle behind charging sales tax on used vehicles.
Mel Rothenburger is a former mayor of Kamloops, former school board chair, former editor of The Kamloops Daily News, and a current director on the Thompson-Nicola Regional District board. He was awarded the Jack Webster Foundation’s lifetime achievement award in 2011. His editorials are published Monday through Thursdays, and Saturdays on CFJC Today, CFJC Midday and CFJC Evening News. Contact him at firstname.lastname@example.org.