The idea of the Goods and Services Tax is an excellent one. And do note that arguments about GST rates and the precise wording will happen and will carry on for years. Rather, that it's possible to have a tax rate at which a cut in the tax rate produces a rise in revenue. And a VAT or GST rate of 28% for many goods? They are famously law abiding societies and even there that's about as high as anyone has dared push such tax rates.

Source: Forbes April 17, 2017 08:15 UTC