Canada has implemented a new tax savings from December to February for some things like taxable groceries, crafts, and gaming physical media. I wanted to get a new Xbox controller and found the best price at Walmart for $55 a week ago. The tax holiday starts today and I now see that the $55 has increased to $62 and change, which is about how much tax I should be saving. Great to see this thinly veiled attempt to help Canadians ( /s - win votes) is just going to be extra profit in the corporations’ pockets.

    • saltesc@lemmy.world
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      14 hours ago

      Fuck this is gold.

      Well, unless people realise the actual worth of gold… But until then.

    • tal@lemmy.today
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      12 hours ago

      This has nothing to do with supply-side versus demand-side economics.

      EDIT: Actually, I take that back. It does to the extent that it is aiming to provide an incentive on the demand side, which is the opposite of what you’re complaining about.

    • masterspace@lemmy.ca
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      12 hours ago

      That’s not really relevant. A break in sales tax that just targets consumer necessities should be a progressive tax.

      The problem is that a lack of competition in this country means that grocers can raise their prices with no fear of losing customers

      • CileTheSane@lemmy.ca
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        2 hours ago

        It doesn’t matter how much competition there is of they’re all going to do it anyway.

        • masterspace@lemmy.ca
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          58 seconds ago

          It does. Competition is literally the only mechanism that drives greedy actors to lower prices or improve their service. Without competition they hoarde.