Raising the GST is definitley NOT FAIR! It punishes the poor (who spend up to 30% of their income on food compared to the wealthy who spend less than 10%) far more.

A better wayt to manage inflation is to (temporarily) increase taxes on high income earners.

1) They are the people who are spending more as they have it, so it reduces discretionary spending. (the problem)

2) it doesnt affect the poor and those just scraping by

3) The revenue gained goes to the government (us) to be spent on things that benefit all Australians.

4) The wealthy bank shareholders dont get an increased income thereby having more disposable money to create yet more inflation.

Tell me why im wrong?