Showing posts with label Taxes. Show all posts
Showing posts with label Taxes. Show all posts

Tuesday, August 19, 2014

STILL DOING THE HOCKEY POKEY

Hockey's absolutely right, but for the wrong reason.

Hockey wins the prize
courtesy News Ltd

At least a fuel tax, like any consumption tax, forces people to pay. Deductions for negative gearing and investing allow them to escape paying tax on income while halving the rate of tax on capital gains is just a lurk. 

This column for the Canberra Times attempts some analysis . . . 

Thursday, September 27, 2012

PAYING FOR STUFF

Governments love announcing they're going to spend money. It's just raising taxes they don't like.

At some point, however, the mis-match between revenue and expenditure becomes just too great.

This column suggests that point was reached long ago . . .