Ostroff, Fair and Company
*Ostroff, Fair and Company>>>Australia Taxes

Does the GST essentially make cut down overall tax paid? Please explain further?



Does the GST essentially make cut down overall tax paid? Please explain further?

When the GST was brought in, tax cuts were made so that while you pay a bit less income tax, you pay on lots of items you purchase. On balance, if you live simply, you can actually pay less tax. On the other hand, if you buy a lot of consumer items, you pay a lot more. It's a bit tough on students who have low income and have to buy loads of texts etc...
made2raid answered it very well.

Some items lost hidden taxes and gained the GST, but the GST may have been higher or lower than the hidden tax.
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