Robin Hood Tax To Pay For South Australian Health System

T

TeaPot&ChopSticks

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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
 
Options raised in the report to pay for future growing health bills include death duties on inheritances, a tax on bequests, raising and broadening the GST, raising the Medicare levy, a new $100 annual household health levy, scrapping private health insurance subsidies and new mining and petrol taxes.

However, it also would apply to superannuation, share dividends, term deposits and day-to-day bank transactions such as ATM withdrawals.
Click to expand...

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:
"Every Mum and Dad, every family, every pensioner will be paying more for the things that they need to live every day, like their food, their cost of living," he said.

"Whereas a financial transactions tax is a tiny tax on the huge profits the banks are making.

"We're talking 5 cents in every 100 dollars on the trade in derivatives and hedge-funds.

"The sort of high-volume trades that bankers and finance marketeers are making every second of every day.

"So we're looking at taxing a tiny amount on the profits and transactions they make."
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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?
 
Caput Lupinum said:
Options raised in the report to pay for future growing health bills include death duties on inheritances, a tax on bequests, raising and broadening the GST, raising the Medicare levy, a new $100 annual household health levy, scrapping private health insurance subsidies and new mining and petrol taxes.

However, it also would apply to superannuation, share dividends, term deposits and day-to-day bank transactions such as ATM withdrawals.
Click to expand...

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
Click to expand...
I think you'll find they already do that.
 
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.
 
havo said:
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.
Click to expand...

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 ;)
 
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