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.
companies will 100% of the time do anything even illegal things to make more money.
that’s the thing that pisses me off: the tax often increases the perception of how much people are willing to spend. even if you remove or decrease the tax, the companies just inflate the price to fatten their margins. Rule #1 of capitalism: the consumer always loses.