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Economic gloom for Australia? : Comments
By Murray Hunter, published 31/7/2015It is therefore inevitable that the tax base must be widened and taxes increased if the government is to continue meeting its commitments.
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Posted by EmperorJulian, Tuesday, 4 August 2015 1:16:35 PM
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The current GST was introduced by the Howard Government, bribed by party contributions from the few, in order to fund a 17% reduction in the corporate tax rate. The few - the leaners who pay little or no tax and who include global corporations that pay none at all - have been clamouring for a 50% increase in the GST paid by the many, right down to the most impoverished people in the country who don't even have a home to sleep in.
The Victorian government is a road block stemming the greedy tide for now, as it is honouring a pre-election promise not to support the latest GST grab. Strength to its elbow!