If the Australian Government wanted more tax revenue, it could adjust the tax rates for income tax or it could increase the GST from 10% to a higher rate.

Which would be preferable?

Your answer should consider efficiency and cost of collections as well as fairness between rich and poor. You should include examples to illustrate your answer and refer to relevant legislation and cases.

Answer rating: 100% (QA)

There is no easy answer to this question Some factors that should be considered include How much rev... View the full answer