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Thread ID: 89333	2008-04-28 03:11:00	Should NZ remove GST off food prices?	robbyp (2751)	PC World Chat

Post ID	Timestamp	Content	User
663235	2008-04-28 05:08:00	How is removing part of an excessive tax system a dumb idea?I dont know about you guys but i like keeping the money I earn. x2	wratterus (105)
663236	2008-04-28 05:12:00	So tell me how removing GST from food is more complicated than we have now?....why will prices go back up?.....If GST is not payable on an item, IT is LESS complicated and their would be no reason for the price hike! It's complicated because currently supermarket systems apply GST across the board for all products sold. If there are grey areas, then GST needs to be calculated and recorded for each individual product - and associated with this will be a huge bureaucracy to figure out which food items should have GST and which ones shouldn't. This will hit small businesses hardest - your local dairy etc. will need to put in systems to record each individual item sold, which ones needs to have GST charged, which ones doesn't... for each transaction. Yes - Australia has done it, but they have done it with huge controversy and opposition.	somebody (208)
663237	2008-04-28 05:13:00	So tell me how removing GST from food is more complicated than we have now?....why will prices go back up?.....If GST is not payable on an item, IT is LESS complicated and their would be no reason for the price hike! I think the main people who are critising it, are politicans. Also as Foodstuffs is NZs second largest company in NZ, they possibily have a lot of political clout, and possibily friends in high places. Therefore politicans don't want to get them offside. If all the other countries in the OECD can do it (aprt from 3), there is no reason we can't. I would agree that it could make things more complicated, but when foodstuffs is making more money than ever before, they can certainly handle the additional costs. They don't appear to be using the additional money to pay their worker, as some of their workers are currently on strike due to low wages. Instead of doing this, the government are going to give out more money via 'working for the families', making more NZers than ever beneficiaries. However this means that middle and higher waged NZers miss out yet again, even though they pay most of the taxes. It is these middle and higher waged NZers who are leaving NZ, partly because they are fed up by all this, and just don't have the disposable income of other countries.	robbyp (2751)
663238	2008-04-28 05:16:00	Interestingly enough, Labour has made the entire country benefictaries with the working for families bureaucratic nonsense. INstead of just reducing the taxes we pay to then in the 1st place, they create more bureaucracy so we have to apply to get a refund back..... Labour, creating jobs for nothing....	SolMiester (139)
663239	2008-04-28 05:19:00	[QUOTE=somebody;667901] This will hit small businesses hardest - your local dairy etc. will need to put in systems to record each individual item sold, which ones needs to have GST charged, which ones doesn't... for each transaction. QUOTE] Our local dairy here already charges about $5 just for a litre of milk. Supermarket it is!	rob_on_guitar (4196)
663240	2008-04-28 05:24:00	Some very good points roobyp and I tend to agree. It isn't that complicated. IT systems in supermarkets already have a barcode, price, description, supplier etc for each item on the shelf - what's another field for GST inclusive/exclusive? As for feeder industries, these shouldn't be affected because for them GST is a zero sum game. For the retailer, they still get the input tax credit so it's no skin off their nose. The retailer won't lose out, and it directly benefits those that need it the most. It is the tax system that is over-complicated (not GST) and we continue to be over-taxed. It can definitely be done but our current politicians are morons.	andrew93 (249)
663241	2008-04-28 05:53:00	Interestingly enough, Labour has made the entire country benefictaries with the working for families bureaucratic nonsense. INstead of just reducing the taxes we pay to then in the 1st place, they create more bureaucracy so we have to apply to get a refund back..... Labour, creating jobs for nothing.... Exactly. That's why they have to get out at the next election. PS: This post probably violates the Electoral Finance Act...	somebody (208)
663242	2008-04-28 06:46:00	. Yes - Australia has done it, but they have done it with huge controversy and opposition . ppfffttt, I was there, It was feck all .	Metla (12)
663243	2008-04-28 06:59:00	ppfffttt, I was there, It was feck all. That is to say I was living in Aussie when GST was introduced, The outcry and opposition was against GST of food. I can imagine anyone bothering to care if the billion dollar food industry WANTED THE PEOPLE TAXED in order to save themselves a few cents, or in reality, nothing at all.	Metla (12)
663244	2008-04-28 07:04:00	Its a dumb idea. Prices will soon go up again and then nobody would notice. Same with petrol. Best to drop income tax.	Digby (677)
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