gst: let's play with numbers
numbers are very interesting especially in percentage terms. let's apply it to the gst and see how funny it becomes. imagine a jobless man who happens to earn only $100 in a year as he was unemployed most of the time. his annual income is $100. and he pays no income tax. can't be? but what about indirect tax through gst? he pays in everyway as he consumes goods and services. bus fares, food, conservancy fees, etc. let's say all this adds up to $100 gst. he pays 100% tax!!! true. no joke. an unemployed can pay 100% or more in tax because of gst. what about those who earn no income and still pay gst? what kind of percentage? then apply the gst to those who earn a million and pay $10,000 in gst. in percentage terms, the rich pays very little gst compares to the very poor. this is number game.