Could Australia handle a flat rate tax system?, page-6

Yeh the lot Martyn50 A flat rate system . You export there is no exemption you produce locally no exemption .

As true a system as you can get .

You have a valid point for retirement the means to keep earning at a different risk profile needs consideration perhaps ?

A proper sovereign wealth fund maybe needed where it captures the whole country .

Look im of the agrarian socialist model type and that would be gone also .

You have a user pays system more inline with flat rate tax .

The more who do pay the cheaper the rate could be and the more means people have for incentive .

It could smooth the peaks of demand and supply in the economy from peaks and troughs of expenditure as well.