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The Forum > Article Comments > A more effective world > Comments

A more effective world : Comments

By Peter Bowden, published 7/1/2020

In the United States, the share of wealth owned by the richest one percent of the adult population has increased, from 22 percent in the late 1970s to 37 percent in 2018.

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Alan B,
Whitlam didn't reform this nation, he deformed it with the help of the selfish non-thinkers !
Posted by individual, Tuesday, 7 January 2020 6:37:52 PM
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individual,
Whether Whitlam was reforming or deforming, the selfish non thinkers took every opportunity they could to stop him. Eventually they succeeded.

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runner, are you on the right thread?

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Alan B.,
> disagree that a flat tax on income is a turnover tax,
When you previously posted a flat tax proposal it was; is this one really different?

>one can have huge turnover but no actual profit in which case a tax on profit would not ensue!
So are you saying that one in that situation wouldn't be liable for that tax under your proposal?

> I get that you do not want the compliance costs o just die a natural death and return to the bottom line.
That's a strawman and you know it!

You assume that enormous tax compliance costs are typical for businesses, rather than just a feature of those businesses that are extremely active in tax minimisation.
And you idiotically assume that businesses would do nothing to avoid your tax, as you still fail to comprehend that calling it "unavoidable" doesn't make it so.

FWIW I'm pro free trade. I'd like to see GST (which has high compliance costs) phased out and the tax burden shifted onto profits (and eventually onto land, though that last stage would have to take many decades to implement in order to avoid unfairly disadvantaging existing landowners).
Posted by Aidan, Wednesday, 8 January 2020 1:21:17 AM
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the selfish non thinkers took every opportunity
Aidan,
Unfortunately, the Left is choc-a-bloc full of them & yes they're sabotaging everything they can & Whitlam provided them with the platform. The sad, demoralising part is that they all think they're so switched on yet the contrary is the case.
Posted by individual, Wednesday, 8 January 2020 1:18:26 PM
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Left wing - Right wing, the opposite appendages of the same lame & dying duck called "democracy". . Paid for and bought off by the CIA & MI6 backed interests, it quietly sank in Australia with barely a ripple off the shores of Lake Burley-Griffin, circa 1975.
Posted by Albie Manton in Darwin, Wednesday, 8 January 2020 7:48:59 PM
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No Alan, not everyone had the chance, but today they do, which is what I said. It took rich parents or very high academic achievement & a lot of hard work in my day.

I'd finished my book learning, my motor racing, & my major earning period, & was off sailing the Pacific when the Whitlam catastrophe occurred.

Viewing it all from a distance made the calamity of an academic in charge of anything more than a classroom so totally obvious, it was very painful to watch.

Yes finishing my degree was costly, but today anyone with even moderate mental capacity, & some common sense can get all the education they want, on the learn now pay later system. If they muck around at school & don't bother, that is no bodies fault bur their own.

Now Aidan, please give me some reason why the mainstream should have their hard earned income redistributed to those who did muck around, did not bother getting the best education they could have, & now have a low earning capacity.

Those who did not take the opportunities offered to day to all, have no right to the good life at the expense of those who have worked very hard for what they have. It is not that hard to go & get a truck drivers licence, & I know a few truck drivers who are earning well over the average wage. I have no sympathy for lazy whingers
Posted by Hasbeen, Thursday, 9 January 2020 10:53:31 AM
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Hasbeen,
You seem to be attempting to paint wealth redistribution as a transfer of funds from the deserving rich to the undeserving poor!

In reality, those who receive it are often the same people who fund it, at different stages of their lives. All Australians deserve a good standard of living, but the times when we most need money are not the times we have the greatest earning capacity.

We shouldn't write off or punish those who fail to take the opportunities they should; instead we should ensure that opportunities are abundant. So if someone has a low earning capacity because they didn't get the best education they could have, the best solution is to ensure (and ensure they're aware) that they can get that education now, to enable them to lift their earning capacity.

Getting an HGV licence is certainly a solution for some people, but it's not for everyone and the lessons are not cheap.

The problem isn't that you have no sympathy for the lazy whingers; it's that you assume all those who benefit from wealth redistribution to be lazy whingers.
Posted by Aidan, Thursday, 9 January 2020 1:05:06 PM
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