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Wow, tax cuts. I never saw that coming. Is there any situation where you and your colleagues wouldn't recommend cutting taxes?

It didn't occur to me that increasing the GST to 7% could be interpreted as a tax cut.

Dear examiners: despite the coincidence of timing, and despite the similarities of our answers, we didn't collude on these essays. Honest!

:)

I agree on the GST -> 4% -> 7% cycle. That's even a little bit inspired.

I recall when the GST came in in 1991 - I know people who pushed major purchases into the end of 1990, even to the extent of fully paying for major goods that could not be delivered until early January 1991, so that both they and the business could account for it in 1990.

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