excelsior,The tax act needs to be ripped up - its obviously not...

excelsior,

The tax act needs to be ripped up - its obviously not doing its job. I would prefer to see a million accountants and lawyers out of jobs than manufacturing workers which is what we have achieved as a nation in the last ten years.

The only way to tax people is through consumption taxes at a flat rate. Yes its annoying to see some people richer than everyone else. But you will at least know that they are not getting away with it. Asians understand this and they don't seem to have trouble balancing budgets.

Australia needs desperately to get off the welfare teat and back to work. But in an economy where the tax system penalises labor, why bother?