topic Tax increases in Community Spirit

Tax increases

amalan11 — Tue, 21 Jul 2015 11:11:49 GMT

What do you think about these plans to increase tax to cover the rising health care crisis?. I know the goverment needs more money but to raise the GST to 15% on everything with no exemptions seems a big jump to me it will add a lot over the year.

But the other sugestion is to leave GST at 10% but increase the medicare levy 1% ...

Out of the two I think I would prefer GST rise as at least we all have to pay not just people who pay tax

Re: Tax increases

debra9275 — Tue, 21 Jul 2015 11:24:36 GMT

I thought that when the abbott govt was first elected that they should raise GST to 12.5% instead if cutting welfare, but they didn't and now I think retail is currently struggling too much to add more GST . it just might really kill retail if they do it now, also the dropping dollar means higher retail prices to us consumers

The Medibank levy increase, though I don't really want that either is geared to income.. So may be a better way to go

Re: Tax increases

tezza2844 — Wed, 22 Jul 2015 02:10:51 GMT

@amalan11 wrote:
What do you think about these plans to increase tax to cover the rising health care crisis?. I know the goverment needs more money but to raise the GST to 15% on everything with no exemptions seems a big jump to me it will add a lot over the year.
But the other sugestion is to leave GST at 10% but increase the medicare levy 1% ...
Out of the two I think I would prefer GST rise as at least we all have to pay not just people who pay tax