Friday, November 14, 2008

Posted @ whirlpool - ILCF pt11

derspatz writes...Incorrect, it was Hewson (Liberal) in his "fightback" campaign in 1991 that sowed those seeds which Keating resisted.

You are incorrect. The idea of a consumption tax (now called the GST) was first proposed as part of the Bob Hawke Labor Government's Tax Summit in 1983. It was proposed by Paul Keating.


I stand corrected if we are to take this back to a name other than GST (which is what originally was being talked about).

Yes, Keating proposed a consumption tax, then many years later Hewson put together a package that involved a GST which Keating appeared to reverse his earlier idea about in order to see the defeat of Hewson in the election.

Everyone happy with that ? :)

regarDS

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