His statement is completely invalid and untenable. By way of common sense, morality, ethics or law.
Average people should
not be making decisions about the fiscal direction of their province. Referendum's over-simplify, and that inherent simplification often leads to terrible consequences. California's 'Proposition 13' is perhaps the best example; severe budgetary constraints, leading to major cuts in infrastructure, schooling, and the civil service, all because the population couldn't see past their nose.
We have a representative democracy that allows members of the legislature to spend time to make decisions that are thoughtful, and pragmatic. They are given resources that an average person cannot often access, or even use.
Referendums also tend to favor interest, and lobby groups. The Fight HST campaign was not afraid to lie, or stretch the truth. Joe Average does not fact-check; he has no time. But an MP/MLA usually does. Had this been kept in parliament, the debate would have been far less heated, and not to mention more intelligent.
I did not agree with how Campbell brought in the tax. But it was one of those rare cases where the government actually knew what was good for us.
And what unfortunate result of the referendum, do tell? The only result I'll ever see is more money in my pocket.
Until your employer, or your purchasers decide to move to Alberta because us wacky left-coaster's can't seem to stick to a tax regime.
Business in BC, and Vancouver specifically, pays an inordinate amount of tax. I'm in the business of helping to create wealth. While the HST does not impact my business activities too much, it certainly benefited many other small business operations. In fact, 'we' even took a hit (postponement of 0% small business tax rate) so everyone else could have a 10% HST rate. Also, the 10% HST would have
raised corporate taxes from 10% to 12%. So the Zalm who said the HST would favour 'big, fat-cat business,' was just lying through his teeth; as usual.
Will I see more money in my pocket? Maybe in the short term. But down the line, I expect to see less, as business once again begins to retreat from BC.