20% GST on cars!

[turbodewd]

Ok, so soon Australia wont be producing cars and we have a federal budget deficit. I say lift the GST on cars to 20%. This wont hurt the lower income earners who dont buy cars anywhere near as often as the slightly well-to-do (who also buy more expensive cars). This has no free trade implications either.

Do it Mr Abbott! Make it 12% in 2014, 14% 2015, 16% 2016 and 20% in 2017.

Auto imports are around $25billion/yr so this would net the Feds maybe another $2billion per year?!