GST would rise 15 per cent under plan to fix Australia's tax problem - and the government would take a piece of EVERY dollar you earn The tax-free threshold would be scrapped, GST would rise 15 per cent, and Australians would pay tax on every dollar they earn under an ambitious tax reform plan. PricewaterhouseCoopers has announced a radical tax reform plan after revealing 90 per cent of revenue comes from just 10 of Australia's federal and state taxes.
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