Liberal Government of Ontario is all set to introduce a legislation on Monday in order to go ahead with plan to fuse together the 8% sales tax and 5% GST into a single 13% tax, a move which has created much controversy and has been labeled "a blatant tax grab' by the opposition.

In addition to one tax, the legislation will also include a range of new cuts to income, additional business and corporate taxes and provide a tax rebate cheque of up-to $1,000 for families to offset the HST, a move which will add as much as 8% to various items which are currently exempted from the provincial sales tax.

"Right now there's a hidden tax - businesses pay tax on tax on tax. This unbuttons that, puts the money back into their pockets. They in turn hire people and also by the way, lower prices", shared Finance Minister Dwight Duncan.

By lowering taxes on businesses, the Government is aiming at making them more competitive and giving them an opportunity to create more jobs. While critics have been quick to say that businesses may not in fact pass on their tax savings by lowering prices, the Government is convinced the plan will work, as it has worked in all other places where sales taxes have been harmonized.