A debit tax system is not that different to a GST system, except that there are no exemptions, AND the taxing point is not deferred to the point of ultimate consumption. In effect, you get a tax on a tax on a tax by the time you buy an end product that has been through a few different hands on the way to you. In addition, you penalise indutries that work on tight margins, and reward those that have healthly profit margins. So, the more I think about it, the less I like it. Added to it as freediver mentioned, the ability to levy debits tax depends on the use of a particular transaction system, and alternate systems (eg cash) can be used to avoid the tax.

Perhaps if we simply removed employment taxes (income tax for employees and payroll tax), and levied the tax on the business-owners instead. YOu wouldnt get wages growth for some time, but you wouldnt need it. Businesses usually need to get financial statements prepared for their investors and bankers anyway, and doing a tax return isnt that much more work on top of it. It would remove avoidance and compliance for workers, and not add unreasonably to the compliance requirements for businesses anyway. You would probably need to work in some way for a wage reduction to start with to even the burden up (but you'd get more money in your pocket anyway).

Dan, I havent responded to your silliness because I am not a legal expert. You can carry on about mock-courts all you like - I have enough problems in the taxation system to get my head around. Cant tackle the legal system as well. If you want to argue about the court system, find a lawyer to argue with.

What I initially pointed you to was legislation, not anything to do with the courts (except enforceable by them).

I am very sorry that you have such a severe inferiority complex. As I said, as piece of paper on the wall doesnt mean much, but you seem to have a problem with people that are required to get that bit of paper to work in the area that they want to. Yes it pays reasonably well, although not for some time. Accounting graduates are the LOWEST paid graduates in any professional discipline. There is light at the end of the tunnel, but its a long way down the career path, and requires a lot of hard work to get there. I am paid quite well based on my age and experience, but I still makes less than either of my sisters, one a pharmacist and the other a truck driver (and both younger than I am). And my brother-in-law who is a heavy vehicle diesel mechanic makes 60% more than I do. Does that help to put things in perspective a little?

As I mentioned in an earlier post, I'd be more than happy if the tax system was reformed so that I didnt have a job any more. I am quite capable of retraining quickly, and the skills that I have learned in my job (did I mention that tax was a very small part of it anyway), can be used in many other fields. Most accountants would be in the same boat.