"Yes......sure it's a tax increase but you only pay when you spend."
It is not equitable at all. Higher GST means the lower income group will spend a disproportionately higher % of their take home pay when they spend.
Tony Abbott explains it well in this news report
Quote from it:
"Certainly it is my intention that people like myself, high-income earners, should bear a significant quantum of the burden when it comes to sorting out our problems.
End of quote.
what's wrong with raising the gst?, page-2
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