Anybody who is "struggling" to pay their mortgage at these low (almost free) interest rates has made some very bad business decisions. Why should others worry about saving them from their own poor choices? When rates go up they will be losing their homes, end of story.PST tax increase is fair.. Its taxing the rich. Poor people will not be affected, when they buy groceries or buy food from McDonalds, theres no effect. Meanwhile, when a millionaire buys a new lambhorgini, he will pay 0.5% more, which probably peanuts anyways.
The alternative choice to PST would be a property tax increase that is likely to be passed onto poor tenants and struggling middle class trying to meet their next mortgage payment.
Wealthy folks already pay way more PST than anybody else, plus (often) higher income taxes, why not be really fair and make it "user pay" for all road and rail use. Car drivers could pay an annual vehicle tax, ideally based on personal mileage and size of vehicle. Why should somebody who makes little use of the roads or transit be forced to pay extra on all most every purchase in order to subsidize the folks who are using those facilities and services.
And don't tell me I'm using the roads because everything I buy is brought by road. That transportation cost is built into the purchase price and then I pay PST on top of that.
The constant call for so-called "wealthy people" to carry everybody else's expenses is grossly unfair. It punishes hard work and success.