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Old 04-05-2014, 09:52 AM   #1
turbodewd
FG Falcon fan
 
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Join Date: Apr 2008
Location: Canberra, ACT
Posts: 913
Talking Tax the rich?

So Joe Hockey is planning to raise income tax on us in the Fed budget in 2 weeks. Great!

Meanwhile the following still occurs:

* those in the criminal economy dont pay income tax
* many/most of the very rich dont pay income tax
* those in the cash economy pay some or no income tax

Great!

But at least these 3 groups pay GST. When they visit Maccas, buy a Maserati or fly from Syd to Cairns. Even if a company or other entity they control pays for these things the GST is still being paid.

I challenge anyone here to tell me why income tax should be raised for you and me while the 3 groups above wont do a shred of heavy lifting on budget night.

Solution: raise the GST, broaden it. If it hurts some grannies, raise the pension.

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