I think ethical advisers always act in the best interest of their clients. Just like union officials and politicians there are good and bad ones!
http://203.174.157.189/webcast/
http://203.174.157.189/webcast/
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that was for the Lebanese muslim haters . in alan jones landchanges , according to the back page of the Herald Sun, is that people on disability may not go overseas for more than 4 weeks. Thats ridiculous. Just because someone is disable they're not allowed to travel overseas? Utter horse shite.
back to wedge politics with the states . I bet it's 15% not 12.5% to .Cutting funding to schools and hospitals and basically daring the states to raise the GST?
According to the GST agreement with the States was the Stamp Duty tax suppose to be abolished?We get ~$50b/yr from the GST.
He's cutting $80bn/10 yrs from the states, so they'll probably need to jump it up to about 12.5% to get revenue up to $58b/yr cover the loss. If they go to 15%, they can definitely afford to get rid of stamp duties and other ridiculously inefficient taxes.
The problem is this - the burden of the GST falls heavier on low-income (and no-income) earners. So while the top 3% will for just a few years pay a little bit extra, the bottom end will pay more forever.
Yet again, it's a demonstration of twisted priorities from a government more interested in governing for their mates than for the rest of us.
your right stamp duty is peanuts . increasing the GST by stealth is criminal
It's a tax on transactions, not capital, and makes the market 'sticky'. Stamp duty on a $500k property is nearly $18k, which is a serious impediment to first homebuyers. Land tax poses no such impediment but can tax capital just as progressively as stamp duty.Stamp duty of property sales isn't peanuts. As much as I hate paying it (and I have recently and soon again), it is a progressive tax on capital, which I applaud.
No idea.According to the GST agreement with the States was the Stamp Duty tax suppose to be abolished?
According to the GST agreement with the States was the Stamp Duty tax suppose to be abolished?