Doog, I.
've seen suggestions from 0.2% up to 2%, so I can't really say, but I do think that if everything is on the table, as we have been told, then why I this tax not being modelled.

Doog said;
We need more money into Education, health care and every other thing our govt; finances.

That statement on its own illustrates our problem.
People just do not understand that "more" is now an obsolete word.
There is just not going to be any "more".
The new "more" word is "less".

Such is life, sigh, When will they learn ?
No matter, no need for me to try and convince them, "more" will just
not happen despite how the polies pontificate.

Bazz you are so right as even now the pollies are talking up the economy, knowing full well a train wreck is on the way by way if the closure of our car industries and their support industries. While the dream of diversifying, they are lust that, dreams. A mate of mine builds rocket launchers for boats at $3800 a pop. Better quality is now coming in from Taiwan at $1800, and the importer sells for $3500, so he is still creating jobs, just not here and they earn five dollars a day and do a far better job of finishing.

My mate says that his guys wont go to that level of polishing and presentation.

Just look at cabinet makers, almost all now import kitchens in flat pack form. Another lost trade to excessive wage demands.

So long as taxation is needed, a tax on non-renewable energy is quite reasonable.

But so long as they name it against this poor and benevolent molecule, CO2, which they pay scientists to denounce, I will not support it.

A GST on the other hand, is purely the theft of our after-tax savings.

There are cabinet makers and there are box makers. There are countries with $1.50 / day wages. None of which Australia can compete with. As long as Australian’s favor buying cheap imports, it will not matter what sort of wages are paid in Australia.

It’s a world of free trade, so we have to have the right policies to compensate with cheap imports. China is fast outgrowing its cheap exports, Mega factories are now being built in Thailand, as their labour is cheaper than China. Thailand is now assembling cars for the world market.

Turnbull said we have to govern for a high wage earning Australia. Cheap imports are not going to stop anytime soon, and people are not going to stop buying those items either.

Turnbull is not game enough to stimulate our economy, although he knows that is what is needed. He still has Abbott worshippers in his back benchers. Twelve months before the next election, maybe the voters can dismiss some of the Conservative backbenchers from the ranks of the Liberal party.

A tax on Carbon is definitely the right way to go, That should be mandatory to any tax reform. It was a stupid act to discontinue the system that was in place. By now that system should have been extended, and built upon. While the carbon tax was there they were buying carbon credits with the proceeds which they are now claiming as Co2 deductions.

The super profits tax was another example of dismantling something that was designed to come into force in times of high output and over the top profits, But Abbott in his wisdom saw fit to diminish a scheme that did not earn any money at the time. You could say his efforts at governing were against Australia’s best interests. Especially with nothing to replace income with.

Abbott even let small business of another 1% , that would have meant nothing to a business compared to what Australia got out of it as a whole. So much for a radical govt;

We are now scrambling around to find something to tax.

Doog:
First, cheap inputs will decline as the global economy declines.
Large items for their cost will go first. Furniture has largely changed
to local manufacture, except for flat pack furniture.
The cost of intercontinental shipping has been increasing.
Doog added:Turnbull is not game enough to stimulate our economy,

You have here touched on the BIG debate between economists;
Why do low interest rates, high interest rates, austerity & stimulus by money printing all fail ?

When politicians understand that then we might get somewhere.
Fiddling around with taxation like we have seen is not the answer.
We must implement a sustainable, zero growth economy.
That will require both a lower expenditure and a lower tax system.
If we do not do this the economy will collapse is a not very happy way.

What coal & oil sources we have should be devoted to building a new
energy system. The SA proposal for spent fuel rod storage can provide
the finance to build power stations that provide power as well as
degrade the returned fuel rods to a lower half life while generating electricity.
The beauty of it is we won't have to spend a cracker other countries
will jump at the opportunity to pay for our construction costs and
pay us to do it.