Subject:
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Re: Customs Explanation ( WAS: Bugs Lego S@H has arrived!!! good news and bad news :) :( )
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Newsgroups:
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lugnet.loc.au
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Date:
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Thu, 5 Apr 2001 12:47:58 GMT
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Viewed:
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572 times
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Thankyou David.
I completely agree with you.
--
Jason King
LugNet #665
Another fan of the Coalition (although it's not looking good for the future
:-(( )
I too don't want to start a political debate, but i am glad to see some one
speak up. Wish i had done it first. :-)
David Drew <david@hydrowash.com.au> wrote in message
news:003f01c0bd64$7e573e80$0100a8c0@monolith...
> From: "Melody Brown" <Black666beast@hotmail.com>
> > I hope this information will help everyone
> > understand what this is now all about, but I still don't think that GST
> > should even come near it!...
>
> Of course it should! Otherwise, shops could use this to increase their
> profits at the government's expense, and the government is deprived of
> income. So what if you bought the goods overseas. The government would
> probably consider that worse, since it worsens balance-of-payments (which • is
> Not Good), and deprive aussies of jobs.
>
> Say you run a small store, call it BUGSTOYS. Bugstoys deals only in Lego. • If
> you buy your Lego from LA. You pay 10% GST on this Lego, which you then • get
> as a tax credit for when the Lego is sold to the consumer.
>
> If instead you had your Lego sent to you from overseas, and DIDN'T have to
> pay the GST on the Lego incoming Lego, then you could effectively rip the
> government off on their income. You'd probably get caught in an audit, but
> maybe not, if you sold your GST-free merchandise by cash, or had some • other
> creative book-keeping. Charging the GST on all imports is the only way to
> guarantee that this doesn't occur.
>
> Either way, the consumer (that's you, with the Lego in your hands) always
> pays 10% on all goods. This is right and proper, as people who buy more
> things (cue Kerry Packer's cellar list) end up paying more tax.
>
> Sure the govt. uses the GST to Get More Money, but they do this so they • can
> Spend More Money. The govt. isn't a bank, trying to make a profit, they're
> trying to improve the country as a whole. When the govt can Spend More
> Money, they can do so on things we like such as police, hospitals, etc. • etc.
>
> later,
> David Drew
> an unashamed fan of the New Tax System, and the Coalition Government.
>
>
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