Via Crikey E-News
Kevin McCready writes: Re. “Tax Office won’t prosecute Australia’s worst tax cheat” (20 October item 1). It’s time to end the rort. The bureaucratic army, the skyscrapers and suburban front rooms full of tax accountants, the billions of hours wasted in filling out tax forms and GST schedules etc etc etc.
The savings to our economy by moving to a land tax (simple, undodgeable, equitable) and ditching the rest would be worth a huge chunk of our GNP. We could even save the health system. Land tax is not new but vested interests have prevented it becoming a widespread efficient reality.
I look forward to sensible discussion.