piclist 2002\08\23\180953a >
Thread: taxes
face picon face BY : Jinx email (remove spam text)

> >I thought higher taxes hurt the economy!  Sounds like a viscous cycle
> to me.;)
> The beauty of VAT (or GST) type taxes is that they don't really hurt
> exports, as they are only applied on DOMESTIC CONSUMPTION.
> Businesses pay them, then claim BACK the amounts paid as input
> tax credits

GST (Goods and Services Taxes / Grab Snatch Take) is 12.5% in
NZ. I'm registered for it, even though by most reckonings I'm a very
small business (well hardly even a business, I'm just a self-employed
developer), and the rebate is a welcome bit of pocket money in
addition to buying at trade prices. It also means I can pass on that
lower price by excluding GST from the bill, which is a good will
gesture towards customers

But electronics aside, I think most people would feel a lot better
if GST was not applied to basics like bread, milk, kids clothes

http://www.piclist.com#nomail Going offline? Don't AutoReply us!
email STOPspamlistservspamBeGonespamKILLspammitvma.mit.edu with SET PICList DIGEST in the body

<002a01c24af1$a81f6a00$cd9da7cb@joe> 7bit

See also: www.piclist.com/techref/index.htm?key=taxes
Reply You must be a member of the piclist mailing list (not only a www.piclist.com member) to post to the piclist. This form requires JavaScript and a browser/email client that can handle form mailto: posts.
Subject (change) taxes

month overview.

new search...