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How would you improve the Australian tax system?, page-264

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Tarvold

28,090 Posts.

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05/01/20

19:54

Post #: 42235370
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Originally posted by Astral: ↑

if gst is increased there must be a credit system where income below threshold pay zero gst. ie they get a refund in the form of a credit. simply because GST is a REGRESSIVE tax. i call it stupid tax. For example , in a year, a high income earner buys the same groceries as homeless joe, both pay $1040 for gst, which is 0.4% of the income by the high income earner but is 9% for homeless joe.

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The vast majority & all non luxury food are GST free.
The lowest paid pay a very low amount of GST, rent the biggest expenditure is also GST free.
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