Delighted. And red-faced with anger
If anyone needed evidence that we live in a plutonomy, here it is. Australian citizens would be rioting in the street if they understood this conspiracy.
Tag henry review of taxation
A Grounded Tax System for Australia
photo credit: Timmy Toucan You are cordially invited to an interactive seminar: A Grounded Tax System for Australia Thursday 24 February 2011, 7.00 pm Presenter David Collyer Why work for wages when tax takes the cream? Why risk a business…
Liberate labor and enterprise
The reform challenge for our beloved country is to discard the taxes that weigh on effort and creativity, and to put them instead on economic rents, like land and mining.
Wage-earners subsidise land owners – again
The Gillard government today announced a levy on income taxes to pay for the Queensland floods: half a per cent on incomes over $50,000, one per cent on incomes over $100,000
Thank you, Dr Henry
Tax reform will turbocharge our economy. It will make Australia a genuine centre of excellence: a magnet for investment, for jobs, and a shining example to stunted and downtrodden citizens everywhere.
Be bold, Mr Baillieu: abolish Stamp Duty and Payroll Tax
photo credit: djking To win the election, the new Victorian Premier Ted Baillieu pledged to phase in reductions in Stamp Duty by fifty per cent on real estate transactions under $600,000 for first home buyers. This is a very modest…
Will ninjas burst the Great Australian Housing Bubble?
photo credit: The Library of Congress Only when the tide goes out do you discover who’s been swimming naked. Warren Buffett In the US housing bubble, banks and financiers gave a mortgage to anyone with a discernable pulse. NINJAs (No…
Can a tax be beautiful?
The Senate Select Committee on New Taxes is pondering the implications of the Mineral Resource Rent Tax, holding a hearing yesterday in Perth. Here is a new tax measure that, even diluted for the election, will still raise over $10…
Melbourne’s secret plan
photo credit: Lucia. . . A secret map of Melbourne’s transport plans for the next 30 years was published in The Age yesterday. Doubts were raised about its authenticity (weakly, unconvincingly) by the Victorian government. Average householders may shrug, but…
Treasury to Gillard: “Fix Housing.”
photo credit: itmpa Last week Treasury made public its Red Book – the economic advice it gives to the incoming government. In it, Treasury lays out a big, bold reform agenda. On housing, the Red Book is scathing: “Access to…