NEOCONOMICS--NOT IF, BUT WHEN:

Poll shows solid backing for GST rise if income tax cut (Claire Trevett and Simon Collins, Feb 13, 2010, New Zealand Herald)

Herald readers have given the thumbs-up to Prime Minister John Key's plan to raise the goods and services tax and cut income taxes.

They were asked, "What would you prefer? GST to be increased to 15 per cent but the rise to be compensated with a personal tax cut, or GST to remain the same but no tax cuts."

Of the 1407 Aucklanders on the Herald's online reader panel who replied, 56 per cent opted for higher GST with tax cuts.

The Anglosphere will replace taxation of income with taxation of consumption.

Posted by Orrin Judd at February 14, 2010 12:09 PM