increase gst from 10%b to 11% to fund a levy, page-21

  1. 1,110 Posts.
    Can we please have sensible discussion and not party politicals.

    I have argued for a modest increase in the gst to 11% which would provide a permanent disaster fund of $4-5 billion dollars per year.

    We are likely to have disasters of some form every year, as we have had in the past.

    That is why I argued that a temporary levy is naive and short-sighted.

    And if perchance we do't need the $4-5 billion one year, it can be (at least in part) used to fund green research projects.
 
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