But you have it exactly. You exactly point to that. Sometimes it's called a regressive tax. Therefore, increasing the GST is regressive, but lowering the GST is progressive. It's exactly that.
On May 30th, 2006. See this statement in context.
On May 30th, 2006. See this statement in context.
General Director, Tax Policy Branch, Department of Finance
But you have it exactly. You exactly point to that. Sometimes it's called a regressive tax. Therefore, increasing the GST is regressive, but lowering the GST is progressive. It's exactly that.
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