VICTORIA B次元官网网址 Even if movies based on video games arenB次元官网网址檛 your cup of tea, the recent Disney production Tron: Legacy is notable as a measure of the sophistication of the B.C. motion picture industry.
A showcase of the latest computer-generated 3D effects, including a rendering of actor Jeff Bridges as he looked in the original version 30 years ago, Tron: Legacy was nominated for an Oscar and won several other awards for technical achievement.
The sleek, lighted suits worn by characters were custom-made in the United States at a cost of $22 million, then brought to Vancouver for filming. Due to the vagaries of the old provincial sales tax, Disney had to pay about $1.5 million in PST because they were used here.
A friend in the business tells me this was more of a deterrent to movie production in B.C. than the current weakness of the U.S. dollar. ItB次元官网网址檚 the kind of expensive insult added to the injury of dealing with two different, complicated sales taxes, and itB次元官网网址檚 one of many unintended business problems fixed by harmonized sales tax.
Despite B.C.B次元官网网址檚 reputation for movie wizardry, the next Tron might be made somewhere else if the HST is rejected.
Regular readers will know I am an advocate of the HST, and the general trend away from income taxes and towards consumption taxes. But most people I talk to arenB次元官网网址檛 interested in the economics, except as it relates to their own wallets.
They donB次元官网网址檛 believe that taxes imposed on business will either be passed on to consumers, or avoided by changing locations. And they are bombarded with bogus arguments in this spring of election fever.
Federal NDP leader Jack Layton is the worst offender. Like his B.C. counterparts, he has run to the front of the anti-HST parade. Unlike the B.C. NDP, Layton knows he will never have to implement his promises in government, so he offers to write off the $1.6 billion transition fund that B.C. has applied to its deficit. In effect, the rest of the provinces would subsidize B.C. for bringing back an archaic sales tax.
ThatB次元官网网址檚 not even LaytonB次元官网网址檚 dumbest idea. HeB次元官网网址檚 been wandering the country promising to remove GST from heating bills, a $700 million tax cut that would help the rich as much as the poor. Surely B.C. NDP leader Adrian Dix would not approve of such a regressive tax shift.
(Presumably Layton has been briefed by now that B.C.B次元官网网址檚 portion of the HST doesnB次元官网网址檛 apply to heating bills, so he wonB次元官网网址檛 confuse us with Ontario any more.)
Dix talks about HST falling on small business. There is an impact on service businesses, notably restaurants, but ask a self-employed person or small business operator if theyB次元官网网址檇 like to go back to administering two different sales taxes.
Quarterly HST rebate cheques went out last week to more than a million B.C. residents at the lowest end of the income scale. Ask those people if theyB次元官网网址檇 like to lose that benefit, a real example of the kind of income equalizing measure that Dix calls his top priority.
Ask a laid-off mill employee if heB次元官网网址檇 like to go back to work, and pay HST on movies and a dinner out.
B次元官网网址 Further to last weekB次元官网网址檚 column about DixB次元官网网址檚 plan to raise corporate tax rates, I now regret referring to his program as B次元官网网址淢arxism Lite.B次元官网网址
I fell for his strident rhetoric about taxing big corporations. His proposal amounts to raising the tax on corporate net income in excess of $500,000 by a modest two per cent.
Tom Fletcher is legislative reporter and columnist for Black Press and BCLocalnews.com.