3 News had a piece last night on the possible eventual charging of GST on online / international purchases. Interesting topic, worthy of debate. John Key was quoted as saying it was “inevitable”. Then he managed to completely put his foot in it:
“If you think about iTunes, if you download a song and it’s $1.29, there’s no reason the GST shouldn’t apply to that. In reality, GST would be 2 cents.”
(See 1:40 in the video.) Our financial genius PM is out by a factor of 10, the correct amount is a shade over 19 cents. That’s a monumental self-inflicted “gotcha” headline – “PM can’t calculate GST”. A Labour or Green leader who made such a mistake would be all over the news…
Powered by WPtouch Mobile Suite for WordPress