I don't think this will work

Reserve Bank suggests floating gst – New Zealand, world, sport, business & entertainment news on Stuff.co.nz

A floating GST rate, I can’t see this working to halt inflation, not when inflation is largely fueled by excessive and poorly controlled government spending. All this measure will do is pour money into the government coffers as GST rises on necessities that people can’t avoid and will also increase the prices and thus inflation.

I think it is time for a clean out at Treasury, they are clearly bereft of ideas.

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