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on 18-05-2013 04:55 PM
Hi cat, in your opinion, would a rise in GST, or its inclusion of food, have any impact on the economy? If so, what would the impact be?
Including items that have been exempt are not the way to go. a slight increase of the GST will be fine, something that the economy can handle as it will not be burdened on just one industry but spread over many.
People that pay more GST are people on higher incomes that buy more goods that are more expensive.... (in general)
I think if it is taken to the people at the election in 2016 and the people vote it in there should be no problem... If the CO2 tax was taken to the people and voted on I would not agree with it but I would not think it needs to be reversed...
If it is lumped on us without an election I would be cheesed off.