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Singing helps with day job of trying to keep taxes low : Comments
By David Leyonhjelm, published 7/12/2015In essence, all of the bills were tax grabs, and since we are already over-taxed, I consider them to be unreasonable. But few journalists cared enough to report about them.
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We have ultra complex proposals to widen the GST, roll back tax breaks on super super? You know the one which allows the wealthiest on a top marginal tax of allegedly, 45 cents in the dollar, to effectively pay just 15 cents in the dollar!
All while ordinary mums and dads are unfairly paying around 30 cents in the dollar and are teetering on the brink of bracket creep which will force them to pay more tax!
And thus keep the most complex tax system in the world alive and well with more holes than swiss cheese, and created just so the ones with the largest pockets could escape the tax liabilities.
Thus we have a levy here an impost the and a charge there. And due to this very complex set of arrangements, a considerable sum of unreconciled money needs to languish in government coffers unable to be made available to consolidated revenue due to a tax system designed to create income for folks who do no actual productive work?
Which any way you look at it is a waste of considerable talent!
We just need a single stand alone and unavoidable expenditure tax that every boy and his dog pays to get a truly fair system; and having done that, jettison all the others inclusive of the GST and fuel excise both of which are among the most regressive anti business taxes ever invented.
We talk about small government but create ever larger fiefdoms of personal empires in the form of an the army of bureaucrats paid to police them.
But you can't dump the current system and start over some will say, citing endless obfuscation and lame brain excuses.
I say that's exactly what needs to happen and if that ends avoidance and bracket creep a the first consequence! That's all to te good!
Rhrosty.