Original article by Jacob Greber
The Australian Financial Review – Page: 1 & 4 : 8-Oct-15
A Productivity Commission report concludes that households on low incomes pay about seven per cent of their earnings in the form of GST. This compares with around five per cent of the earnings of people on incomes exceeding $A150,000. The study refutes claims that increasing the GST would place the greatest burden on low-income households. The Productivity Commission stresses that further research on the issue is needed.
CORPORATES
AUSTRALIA. PRODUCTIVITY COMMISSION, AUSTRALIA. DEPT OF THE TREASURY