Is GST(goods and services tax) a good tax overall for a country and citizens?
-I know it is a regressive tax
-I know it is "supposed" to serve the purpose of broadening the tax base
-Do only states with welfare have GST?
- 1 decade agoFavorite Answer
They way I understood it to be, is every state has their tax base the GST will come out of one of tax slots. Some states will have a higher sales tax and lower in others. But Housing is either High or low or the alcohol & tobacco is raise to accommodate the GST. In one of the hundreds of categories the GST is accountable from one of those. Basically we pay more for luxury itemes (taxed). We are taxed for the money we make! Why do we have to be taxed for the money we spend?Source(s): Common knowledge.
- 1 decade ago
Governments use different kinds of taxes and vary the tax rates:
to distribute the tax burden among individuals or classes of the population involved in taxable activities, such as business.
- cpruckaLv 41 decade ago
states have welfare? What a concept. Only those who don't need welfare get it. What planet are you from?