Muldoon introduced the value added tax.
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I don’t think Canada has ever had a tax called the ‘value added tax’.... What was in place in the era preceding Mulroney was the ‘federal sales tax’ and it was buried deep in the price of everything so that it couldn’t be seen. As I recall, what Mulroney did was that he made it visible and called it the GST (general sales tax).
Bottom line is that he didn’t introduce the tax... he took one that was hidden and made it visible. Is my memory correct on this?
The GST is a value added tax. And it was an entirely new tax that Muldoon created.
People forget that he wanted the rate to be 9 percent. But public pressure lowered it to 7 percent.
Harper later lowered it to 5 percent.
Maybe the Regime will raise it back to 7 (or 9) to commemorate Muldoon’s death.
Because raising taxes for the Liberal welfare state is one of his great legacies.