23 Feb '12, 2am

Why I dislike GST

GST (or VAT value added tax) is one type of consumption tax. The other type of consumption tax is sales tax. I do not like both types of taxes. I prefer to have income tax, even a flat rate tax, instead of consumption tax. Between GST and sales tax, I prefer a sales tax as it can be applied more selectively, e.g. sale of luxury goods. GST is the worst among all the options. That is why I write against GST. Read this article for my views: http://tankinlian.com/admin/file.aspx?id=626

Full article: http://tankinlian.blogspot.com/2012/02/consumption-tax_23...

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