Comment on Don’t wait for billionaires to sell their stock. Tax their riches nowparentComments−sunsipples5yAustralia uses GST (essentially same as VAT) but everything that is deemed essential/basic is GST free. It's a standard 10% of course other items incur additional taxes/fees/rates ("luxury cars" also have a 33% tax on top of GST)
Comments
Australia uses GST (essentially same as VAT) but everything that is deemed essential/basic is GST free. It's a standard 10% of course other items incur additional taxes/fees/rates ("luxury cars" also have a 33% tax on top of GST)