- Capitalism and Alternatives -

sales tax

Posted by: Gee ( si ) on August 19, 1999 at 18:04:37:

In Reply to: the gst posted by sierra on August 17, 1999 at 12:35:43:

: for those of you who haven't heard much about this, the gst is coming into effect july 1st 2000, and it'll begin at 10%. it isn't needed at all, and it's evident nothing will stay at 10%. why should it?

A sales tax right? Once a sales tax is launched you can bet it will go up and up. Once the principle that you buy at the exchange value of the good is broken, however slightly, youve lost it and prices are now subject to the whim of govt tax levels. Observe Fuel prices accross Europe and in the UK particularly.

Also those items exempt from tax will have little reason behind, having been decided by this or that loudest interest group.

Follow Ups:

The Debating Room Post a Followup