Aged Pension, page-51

  1. 25,570 Posts.
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    I have always thought that a flat bank or transaction tax would fit the bill and remove all other forms of tax
    John Stone who got to be a Queensland senator was an advocate of this system

    But it would have serious side effects which would stop it from being adopted

    * Taxation department would be abolished
    * Thousand of tax experts would be abolished
    * ALL business would be more efficient and cheaper to run -- more experts to be sacked
    * The government may have to finally operate under a budget

    So no go ****
    https://biography.senate.gov.au/stone-john-owen/
    Last edited by kingpins: 25/03/22
 
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