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- Apr 23, 2016
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- Essendon
If you think raising the GST for a temporary period wouldn't become permanent, you've got rocks in your head.
I'm not against a raise but it would never be temporary, governments would soon waste the sugar hit and want more.
Who cares if it does? It doesn't impact essentials and the price of luxury items going up by a percent or two isn't a major issue - and they'd reprice accordingly over time anyway.
This idea that the Government would 'waste' the tax revenue as though it's somehow better off in the pockets of mostly already wealthy people who do SFA to assist or improve to society is a serious furphy. Sure, the Government might not be the most efficient organisation, but I'd sure as hell rather the Government spending even 50% of every dollar I pay in GST on luxury items on healthcare, education and infrastructure than the big banks hoovering up more profits from mortgage stressed people that ultimately ends up disproportionately in the pockets of wealthy shareholders and overpaid bankers.