Cheap6
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In all honesty, I'd love to see GST around the 17-20% mark...however, with one major change, all income taxes scrapped. This would mean each and every person would pay their fair share of tax through purchases based on what they spend. There is no fairer system.
I know back in 2006 or 2007 KPMG were commissioned by the Libs to do an analysis on this, it come out that at 17% GST they would gather more income than from income taxes as it would remove the costs associated with personal tax returns etc. I will see my sister in law who was one of the ones on it to see if I can get some better details.
Just like a flat tax rate it sounds good until you think about it. A GST is inherently regressive. Even if you omit, as Australia has done, basics like staple foods, it affects those on lower incomes more than those on higher incomes. Like all regressive taxation, it would tend to cement into place the position in society that an individual is born in i.e. make it more difficult to get out of poverty.