Just saw on a rerun of the latest BOLT REPORT.
Abbott is talking about bringing in a NEW TAX, it is called the DEBT TAX. How much it will be is unknown yet.
Here is an idea:
If we use the say 8 billion of the 9 billion Abbott gave to the RBA and sell our reserve GOLD BULLION which is held in London then approximately that will give us:
8,000,000,000 +
3,078,400,000
Tot = 11,078,400,000
That's 11 billion dollars straight off our debt without raising any more from cuts.
Why cant we use our GOLD after all it is an emergency or so Hockey keeps telling us.
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