Belly,
May I suggest you look up Public service salaries before you post again on this subject ?
Most of the the professions you referred to have quite a number of duds who are just hanging off the efforts of others & yes, that includes Doctors, school teachers,Police officers, but the most & worst you find in outfits like Centrelink, local Government, State Government & Federal Governments & they're called bureaucrats who couldn't actually tell you what they do that justifies the handsome salaries they get. What I am trying to tell you is that we have many crates full of apples with 10% of bad ones in every crate. When did I ever complain about professional people doing a good job ? I complain about Public servants getting professional salaries for dud performance ?
Without exception, everyone of these duds that I debated with defended Labor & denounced Conservatives. Doesn't that tell you something ?

Aidan,
How would a flat tax impact on turnover ? Wouldn't tax just be paid on income & not spending ?
I mean you earn & when you spend, the person who recives your money then pays tax.

Okay Aidan, so what about a financial transaction tax, or say 1 or 2% applied to every single financial transaction. There could be rates as small as 0.1% on the likes of trades.

Money movement being taxed not workers/earners. Would like your thoughts/input. I've heard of it but i'm afraid it's out of my pay rate so as to speak.

individual,
Your earlier reference to a flat tax was ambiguous, so I answered it comprehensively. If what you meant was a flat tax rate for all individuals and companies, that wouldn't directly affect turnover but its indirect effect would probably be very strongly adverse because the people who are spending all their money would be forced to spend less.

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rehctub,
As I said, I think the tax should be on profits rather than on the turnover that enables them to make those profits. Taxing trades would make our financial services sector less competitive and drive a lot of the business overseas.

I am rather disappointed by your other posts on this thread. What will it take to convince you that Australia's government debt is not a problem at all? And what would it take for you to embrace automation?

people who are spending all their money would be forced to spend less.
Aidan,
?? Wouldn't a Flat Tax simply mean that the high earners make slightly less profit but still remain high earners ? And, the wage earners would have more purchasing power which would only prevent the money lenders from making less than immoral profits ? In my opinion if there were a Flat Tax there'd only be one winner, the Nation & no losers.

individual you would think I know it is useless trying to talk to you but face it I can not resist, public servants do not all earn those huge wages you would have us think ,and in the end try as hard as I can I can find no links to them and the thought a job for every one may be a preposition we should look at.tax! said several times in posts here I was not the one to do the numbers on this, but try again, the tax reform I see as needed is one that no one can avoid, [it may even be a lesser rate than we pay now] even multi nationals must pay it,no way around it by falsely claiming a loss