Some economists have expressed concern that New Zealand is headed towards a recession due to the ongoing impacts and disruption to the economy caused by the Covid-19 pandemic. Should the New Zealand Government consider a temporary reduction in the rate of GST in order to help stimulate the economy in the wake of Covid-19?

 

Discussing equity impacts, Economic impacts and Administrative impacts in question.  

Answer rating: 100% (QA)

Certainly reducing the Goods and Services Tax GST temporarily could have various impacts 1 Equity Im... View the full answer