3 ms·

Would be smarter to just remove GST from goods that are commonly imported altogether. Could offset the lost revenue with non-renewable energy taxes, land value

• tempestn 10y ago
  It's my understanding that a sales tax is one of the better revenue sources from a fiscal policy perspective. Its primary downside is the difficulty of collection, but otherwise the incentives are good. On the other hand, something like a capital gains tax discourages investment. (Not saying that shouldn't exist, just that it's not clear it's superior to a GST.)