2 days ago
CPA Australia claims increasing GST could decrease income taxes
The McKell Institute's Chief Executive Ed Cavanough discusses CPA Australia's recent comment concerning increases to GST, and how such increases could reduce income tax.
'The Treasurer's been pretty clear that in this new round of tax reform … the GST is effectively off the table,' Mr Cavanough told Sky News host Paul Murray.
'Eventually, we are going to have to ramp up the GST.
'We shouldn't really be starting with what taxes we should be raising, I think we should be looking at who should have less of a load on the income tax burden.'
