0.05% taxation on all term deposits, bonds, derivatives and superannuation. Taxation Fee on all Stock and Futures transactions. Taxation Fee on all foreign currency conversions. Taxation Fee on all small deposit transactions: $1 for each $500 (For Individuals) and $500 for each $ 1,000,000 (For Business) OR Death Duties OR Increase Good and Service Tax and Medicare Levy OR Reduce the Medicare Rebates. Source: ABC News Radio
http://www.adelaidenow.com.au/news/...-plug-health-gap/story-fni6uo1m-1227312281932 Sets a very dangerous precedent by states to rob its citizens whenever they believe they need a little extra cash for funding
From a news article: Roll out the "mum & dad" line, throw in a pensioner or two, and for spice, mix in some banksters and wallah... out of the oven comes a new tax. So why not be more honest about it and simply raise taxes on profitable activities and businesses across the board?
Unlikely. Federal politicians with 2 terms in parliament get $200k per annum for the rest of their lives! At current interest rates that's like a $10 million retirement account for a maximum of 8 years work. No wonder none of them are prepared to go for double dissolution.
They should only be entitled to their retirement fund is they don't break / lie about any election promises made.......lets see how many would receive it then