The Motley Fool Discussion Boards

Previous Page

International Investing / Australia (All-Ordinaries)


Subject:  Re: Petrol Rip-off....No Way Date:  3/26/2002  8:49 PM
Author:  harmy Number:  3955 of 6186

Look you aint wrong IMO ,Howards GST has really benefitted from the rise in oil prices since it was brought in & yes the higher the price the more income for the gov, but I'd be real surprised if a Labour Gov ever changes back to the old system, fat chance.

You're stuck with it !! It's far too costly and disruptive to change back now. It's not a bad tax overall providing the politicians don't keep raising it as they did in NZ.

Copyright 1996-2022 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us