Comprehensive reform of GST structure preferable to repeated small changes

Taxation, at its very essence, is as much a political issue as it is an economic one. Unfortunately, the economic aspect is often misunderstood, leading to a complicated  taxation  structure every few decades.  The goods and services tax (GST) could bring an end to this and the  GST  Council will be wise to shed their obsession with revenue-positive changes by hiking rates…