FFS leave GST alone Chippy

[SueDonim]

http://www.stuff.co.nz/national/politics...pp-android

A policy that will save the average family $4-5 a week.  A policy trumpeted loud last week in breathless emails to the devoted saying they had a "massive" cost of living announcement this Sunday.  Except Nicola Willis had already announced it 10 days prior.

A policy Labour's Finance Minister says is unworkable 

A policy Labour's Revenue Minister likely resigned over

A policy that is almost universally being panned by tax experts and economists 

If Chippy thinks this is the win he was wanting then by next poll he will be sorely disappointed.

GST is almost the perfect tax.

Everyone pays it.

Poor people pay less of it and rich people pay more.

Exactly. On all points.

I saw the Herald article which has this sentence at the end “Furthermore, it is not clear whether the benefit of specific GST exceptions are passed on to consumers”. 

That pretty much says it. Changing systems to drop GST will cost every business along the supply chain and will need to be recouped somewhere. Then, over probably a fairly short time, price creep will just take it all back to where it is now and really no one will save anything.