You also have to remember that increasing GST is only the start of it. Businesses paying GST won't simply take the hit from their own profits (some do claim back as much as they can), they're going to pass the extra cost onto their customers, which eventually means prices for everything will rise. People will also need / expect higher wages to pay this extra, and again the companies will not take the hit, so prices will rise. It's an artificially created greed-go-around that economy "experts" (the fools who get us into this ever increasing mess) like to call "inflation".
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if the question was "would you be okay, if the PAYE rate was lowered to compensate for a GST increase?" the result would be different.
If they are going to ask the question properly it would have to be:
Would you be okay if the PAYE rate was lowered for high salary earners only to compensate for a GST increase for everyone?
Then the answer would be the same: NO!
Those on lower incomes are not getting any tax decrease. Increasing the benefits will not help all of those on low incomes to cope with an increase in GST - many people on lower incomes don't actually qualify for any benefits. Places like food banks are already complaning about increased need (and no funding!), and things are only going to get worse.
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that aside, a flat tax (eg GST), where only those that consume pays, is the fairest way to tax.
Yep, only those that have to eat, heat their homes, etc., etc.
GST is simply a greed tax by the Government ... a Government / politicians that has already raised petrol tax, cancelled commmunity education funding, lowered / dropped funding for public schools, while raising funding for private schools, raised their own salaries, wasted money on polls they intended to ignore, bought new cars they didn't need, cheated on various "perks" to again increase their own wallets, trying to push through silly expensive pet projects (e.g. "Supercity", Rugby World Cup / waterfront stadiums), ... the list is near endless of their stupidity. Sack half of these unnecessary fools and they could get rid of GST completely.
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Isn't the GST being raised to 15% only a suggestion and/or possibility?
It's more or less a forgone conclusion now ... unless they do actually grow braincells and listen to what people are telling them.
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it is trying to encourage kiwis to stop spending
Great idea: let's all stop buying products, so that more companies have to go under, more people lose their jobs, more people need benefit assistance, so the Government then needs even more money in taxes ... Nope, it doesn't work. Simply more proof that the fools in high places never ever think things through properly.
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maybe old commy USSR is for you
One of the biggest reasons Communism in Russia didn't work is because of selfish greed - as usual the scum in high places were more concerned with stuff their own pockets and scamming the system for all they could get, at everyone else's expense.
This post has been edited by Buzz Bumble: 21 February 2010 - 12:39 PM