Question: It has been argued that Australia should raise the level of its GST which would enable lower personal income tax rates. Discuss what would be

It has been argued that Australia should raise the level of its GST which would enable lower personal income tax rates. Discuss what would be the advantages of disadvantages of doing so. Include in your discussions the impact on such a change on

the simplicity of the tax system;
economic efficiency,
equity/fairness.

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