The hypocrisy of rejecting lowering the $1000 GST exemption threshold for imported goods
Written on 31 August, 2011 by Larry Bloch
Categories CEO Blog government small business
The Labor Federal Government has enough issues to deal with at present, but I can’t help reflecting on the reasons given for refusing to consider lowering the $1000 GST exemption threshold.
The claim is that it would cost more to collect the tax than the revenue it raises.
Hang on a sec – doesn’t Labor’s Carbon Tax Policy do exactly that? They pay more in compensation to polluters and households than they raise in Carbon Tax revenue. So the Government’s objections are a smokescreen disguising their usual disdain for considering the needs and pressures on Australian Small Business and business in general.
Thanks – for nothing.