20% GST on cars!

[turbodewd]

Ok, so soon Australia wont be producing cars and we have a federal budget deficit. I say lift the GST on cars to 20%. This wont hurt the lower income earners who dont buy cars anywhere near as often as the slightly well-to-do (who also buy more expensive cars). This has no free trade implications either.

Do it Mr Abbott! Make it 12% in 2014, 14% 2015, 16% 2016 and 20% in 2017.

Auto imports are around $25billion/yr so this would net the Feds maybe another $2billion per year?!

[Kable72]

That will only make cars more expensive than they already are for imported cars. We already pay enough tax. We don't need more.

[Gadgetman]

Originally Posted by turbodewd

Ok, so soon Australia wont be producing cars and we have a federal budget deficit. I say lift the GST on cars to 20%. This wont hurt the lower income earners who dont buy cars anywhere near as often as the slightly well-to-do (who also buy more expensive cars). This has no free trade implications either.

Do it Mr Abbott! Make it 12% in 2014, 14% 2015, 16% 2016 and 20% in 2017.

Auto imports are around $25billion/yr so this would net the Feds maybe another $2billion per year?!

This will only hurt the low income earners as most that own businesses that do really well and buy their benzs etc are able to tax input their GST through their business which means effectively they haven't paid the GST. I am not sure if your point is correct.

[Cuyper]

Well that would shift us from being able buy a new car and enjoy getting to work without breaking down go from once every 5 years to once every.. never :P great idea!.

Perhaps stop wasting so much money on road patches of low quality that only last 5 days, do it once and do it right. There are many mannnnnnnnnny inefficiencies in Australia to work on before any tax rises need to happen.

[poppa smurf]

I see you are from Canberra.......that figures.

[jpd80]

Originally Posted by Gadgetman

This will only hurt the low income earners as most that own businesses that do really well and buy their benzs etc are able to tax input their GST through their business which means effectively they haven't paid the GST. I am not sure if your point is correct.

Exactly, any tax increase or impost on business gets passed onto end users, that why out tax logic is basically absurd and misguided.

[EBII Fairmont]

I figure we pay them more than enough that the government should be creating more opportunities for new industries to create more jobs and gst not just for tomorrow, but for the next 100 years.

[GT450]

Must be something in the water in Canberra. Are you nuts they already hit us with enough taxes and once they are in they never go!!
GT450

[jpd80]

Anyone who earns under 20,000 pa pays no income tax but worse than that, all 11 million tax payers now enjoy that benefit.
That loss of revenue to the government coupled with extravagant social schemes we can't afford is why we're deep in debt.

[SSD-85]

"We contend that for a nation to tax itself into prosperity is like a man standing in a bucket and trying to lift himself up by the handle."

-Winston Churchill

[GTP-814]

only make it 20% if you remove all import duties & taxes

[RAPIDBILL]

Should have put the 20 percent on imports years ago then maybe we would have secured our auto manufacturing industries.

Our state government is to focused on projects that are not improving our health, education and public transport, would rather be pouring millions into a brand new sports arena and the Elizabeth Quay project. But according to our poor excuse for a premier we all want....not

A government, one with champange taste and beer money.

End of rant.

[CyberWasp]

Doubling the GST on Cars would most likely, more than halve the number of current sales, resulting in less revenue than they now get.

Doesn't the car driver already pay enough in Registration, Insurance, Fines & Tax on Petrol?

If anything it should be GST free to buy a locally made car.

[turbodewd]

Originally Posted by CyberWasp

Doubling the GST on Cars would most likely, more than halve the number of current sales, resulting in less revenue than they now get.

Doesn't the car driver already pay enough in Registration, Insurance, Fines & Tax on Petrol?

If anything it should be GST free to buy a locally made car.

Not sure about your maths there. it would make a $33,000 car today cost $36,000.

I cant believe my compatriots want to support foreign industry and encourage Aussie dollars to head overseas. Who are the patriots on these here forums!?

Gimme a Southern Cross flag to whip some sense into the luddites...

[fte50]

20% gst on cars today, condition the numb public, then in true political fashion apply the 20% on all else the next day.

[Kable72]

Mods should delete this thread so they don't get any ideas!

[GQ_Smooth]

I agree with increase taxes in some areas, to start paying off our debt and we can't really tax business anymore as they are closing faster than a fat kid eating Macca's meal deal, however I am 1000000000000000000000% apposed on a tax on a tax.

There is already an import tax (on non tax free treaty countries), luxury car tax, GST.

The GST is a state tax collected by the Feds. So the money will go straight to state government. While the current system isn't perfect (by any stretch of the imagination) I trust the state government less than I trust the federal government. I don't see it working as the purpose of a GST is for 1 fixed tax on all things, not varying taxes on different products (we had this, it was called sales tax, thats why it was gotten rid off). We will more than likely be paying tax on fresh food (which is currently exempt, than raising the tax in one particular sector).

[mik]

I'd rather see the pollies reverse the the trend of thinking up new ways to spend tax payers money .
Enticing the labor industry to enlarge instead of allowing imports to kill off whats left of our manufacturing would be high on president miks agenda too !
Easy to say I suppose, I reckon it could be done though.

[stevz]

If they increased the GST on imported cars to 20% and removed GST entirely for locally made cars, I'd be all for it. Sadly it would be too late to be of any benefit.

[ford man xf]

Agree with Gadgetman & jpd80, not only what they say is correct, but think of all the other fees and taxes you already pay on a new car and not to mention registration.

I think it's time to close this thread, too much talk of politics.

[GT014]

Originally Posted by Gadgetman

This will only hurt the low income earners as most that own businesses that do really well and buy their benzs etc are able to tax input their GST through their business which means effectively they haven't paid the GST. I am not sure if your point is correct.

Agreed, dumbest idea yet.

/thread

[UberKnee]

Theres already enough taxes on cars and everything to do with cars. The government just needs to spend the billions of tax dollars they get every year more wisely.

[Itsme]

Originally Posted by turbodewd

Ok, so soon Australia wont be producing cars and we have a federal budget deficit. I say lift the GST on cars to 20%. This wont hurt the lower income earners who dont buy cars anywhere near as often as the slightly well-to-do (who also buy more expensive cars). This has no free trade implications either.

Do it Mr Abbott! Make it 12% in 2014, 14% 2015, 16% 2016 and 20% in 2017.

Auto imports are around $25billion/yr so this would net the Feds maybe another $2billion per year?!

I think Kevin Rudd would be proud of you!

[zilo]

silly thread title.

punish the consumers for the multinationals closing their manufacturing plants?


gets a big DUHHHHH....

[Auslandau]

Originally Posted by turbodewd

Ok, so soon Australia wont be producing cars and we have a federal budget deficit. I say lift the GST on cars to 20%. This wont hurt the lower income earners who dont buy cars anywhere near as often as the slightly well-to-do (who also buy more expensive cars). This has no free trade implications either.

Do it Mr Abbott! Make it 12% in 2014, 14% 2015, 16% 2016 and 20% in 2017.

Auto imports are around $25billion/yr so this would net the Feds maybe another $2billion per year?!

So you want to tax those who buy new cars because only the "Slightly well to do" buy them? Numpty idea really as no ..... many people across the board buy new cars, private sales in small cars (Corolla's Hyundai's etc) are very strong in the younger and older generation.

Also if safety is such a major concern, wouldn't it be beneficial to get people out of older cars and into new safer, 5 star rated cars?

Why (as seem to be the norm around these parts) increase tax to those with a perception of being rich because after all, to be successful in Aust should be a crime and punishable by tax.

[2011G6E]

Plays into the hands of the solution most governments see to any problems:

"Tax it"...

[Bushbasher]

If they're going to tax anything bang an exit tax on the lpg we sell to china. At least us lpg users won't feel so reemed by the exorbitant prices we get charged.

[Franco Cozzo]

Legalise weed and tax the crap out of it and come down hard on dealers, big $$$ stream.

[ivorya]

Quite funny really.

As a large % of people are Salary sacrificing their vehicles (ridiculous scheme anyway), This want of an increase won't impact on their monthly repayments by much anyway.
May even be better for them in the long run with their tax savings, meaning the Goven loses out again.

[RANGEREST]

Let's turn this into a political debate, just to get this stupid thread closed.