My 2.2 cents (GST Inc.)

It is a real prick when your opinions are taxed. Australia least powerful political blog. (Plus any other crap I want to talk about.)

Tuesday, April 05, 2005

GST on Petrol

Petrol in Australia has both federal and state taxes applied to it. These taxes do not change with price of petrol. However since 2000, we have had a GST on top of all these taxes as well. Plus the price petrol has sky rocketed with the increase in the oil price. So as the price of petrol goes up, the government has got more money from the GST. What I am suggesting is that the government reduce the other taxes to counter act the balance of the increase in GST intake.

For once I am being serious.


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