Fat tax

KFC sold 16000 Double Down Burgers in the first three hours of its release in New Zealand.

The NZ Government collected $16,486 of GST in three hours from one product.

With similar sales levels the annual tax take from Double Downs could be more than $24,000,000. This would require 448,000 of us (just over 10%) buying one Double Down per week for a year.

Isn’t this called “living of the fat of the land”?

Clearly this country needs more products like Double Down Burgers!

Iain