Government Needs To Make Tobacco And Alcohol Cheaper + Lower Taxes #509 episode artwork

EPISODE · Jan 19, 2024 · 29 MIN

Government Needs To Make Tobacco And Alcohol Cheaper + Lower Taxes #509

from THE STEPHEN SHIELS RADIO SHOW · host Stephen Shiels

Australians are increasingly feeling the weight of excessive taxation as the prices of cigarettes and alcohol continue to rise. These price hikes are often justified by the government as necessary to improve the healthcare system. However, many citizens argue that these measures are simply a way for the government to benefit from the high Goods and Services Tax (GST) and further increase their revenue at the expense of hard-working individuals.Furthermore, the government's reliance on the GST as a significant source of revenue has led to concerns about the increasing financial strain on citizens. The GST is a consumption tax that is levied on most goods and services, and its rate is currently set at 10%. While the GST was initially introduced as a means of simplifying the tax system and broadening the government's revenue base, it has increasingly become a significant burden for Australians.

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Government Needs To Make Tobacco And Alcohol Cheaper + Lower Taxes #509

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