je.st
news
Carbon tax more affordable than GST hike to raise same revenue, say Greens
2015-11-07 23:25:00| Climate Ark Climate Change & Global Warming Newsfeed
Guardian: The Australian Greens say a carbon tax would raise as much revenue as increasing the GST rate or broadening its base, while also reducing pollution. Greens MP Adam Bandt has said a Parliamentary Library analysis found that raising the GST rate to 12.5% would raise a similar amount to a $28/tonne carbon tax, but would cost households three times as much. Extending the GST to fresh food, education and healthcare would also raise a similar amount to the original carbon tax, yet households would...
Tags: say
tax
raise
revenue
Category:Electronics and Electrical