- Hazel Hawke passes away
- Gina Rinehart more powerful than PM: Forbes
- Jon Anderson rates the 'Four Kings': Duran, Hagler, Hearns & Leonard
- Mother's tears and pain over son's fatal accident
- Peter Slipper MP formally charged with fraud
- Charges could be laid over Swanston Street wall collapse: court told
- Operation Unification: Police across country target illegal firearms
- Elderly man fighting for life, police hunt truck driver
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What we're talking about
- mandy on Hazel Hawke passes away A strong and talented woman I admired her views. more
- Joybells on Hazel Hawke passes away Hazel Hawke was such a lady, well respected and loved & will be greatly missed.She truly was a gr8 Australian. more
- Anita Elkington on Hazel Hawke passes away A truly beautiful wonderful woman , so sad , more
- Matt - proudly Un-Australian on Gina Rinehart more powerful than PM: ... Get real, she doesn't even like her own children, what sort of woman is that??? Money over your own kids, that is evil. more
- Schtang on Gina Rinehart more powerful than PM: ... Gina Rinehart is only powerful due to her money - Julia Gillard is powerful due to her intelligence & integrity. more
- Tim Whiteside on Essendon footballer in hospital after ... Hi Guys, I've been listening to the ABC for a lifetime but really had enough of Red Symonds who ,so self-obsessed ... more
- Rod Evans on One person trapped after army base tank ... Best wishes to the boys injured in the service of their country. more
- Who's Paying??? on Craig Thomson MP faces 19 extra charges I've never ever known of a court case to drag on for so many years. Are we the taxpayer paying his bills? more
- Jillian on Essendon footballer in hospital after ... Another stabbing in the community, but if this case is going to toughen up our legal finding's on stabbing cases then I ... more
- Jillian on Oklahoma tornado survivor finds missing ... If only dog's could talk! God bless the both of you. more
- mandy on Oklahoma tornado survivor finds missing ... Something good came out of something so bad. Amazing how that little dog survived. more
- Gerard on Senior cop calls for young drivers to ... Assistant Commissioner Robert Hill is yet again 'over the hill'.I take it he wants to make his job even easier than it ... more
- KNOW-ALL COPPER on Senior cop calls for young drivers to ... ANOTHER CASE OF A GEN X COP, SUSS AT THAT, TALKING DOWN TO THE GENERATION BELOW HIM.NOTHING IS NEW HERE. THIS AGE GROUP X ... more
- Pj on Kevin Rudd changes stance on gay ... Rudd changed his mind? Like he did on the Spill leaving his mates high and dry? Note for us: Lets not give him an ... more
- Greg on Ricky Nixon allegedly drink driving ... And this fool was in charge of young AFL players futures.What a role model,not more
- Greg on Senior cop calls for young drivers to ... What a huge con the .05 system is.It tells people you can drink & drive but not over that limit.Why not have a zero limit ... more
- Sarah on Senior cop calls for young drivers to ... As a current green P-plater with no desire to ever drive after having even one drink, this doesn't bother me at all... If it ... more
- mylene on Senior cop calls for young drivers to ... The Nanny State lives!! more
- Jillian on Senior cop calls for young drivers to ... How about having a number plate H for hoon or D for drink driver. Let these unstable driver's be known to the motorist on ... more
- robynne on Senior cop calls for young drivers to ... I would say till 21,also they should have defencive driving classes at school! more
Are Australians taxed too much?
The great Canberra tax summit began on Tuesday, with the Treasurer promising all sorts of exciting reforms that may emerge from the discussions.
In reality, of course, this summit is nothing more than a sop to appease independent MP Rob Oakeshott, on whose vote the government depends for its continued survival.
Thanks to an absence of any real enthusiasm for genuine tax reform, government after government in Australia have continually layered new taxes on top of the old ones.
The end result of this is an income tax act over 10,000 pages long and an overall tax system so complicated that no single person in Australia can be said to understand all of it.
Tax is a necessary part of any civil society, but a tax act incapable of being understood by the average citizen is not.
As a result, if Wayne Swan were to put me in charge of tax reform, here's what I'd do:
First, at present, Australia has over 120 separate taxes. I'd reduce this number by 90% to no more than 12 taxes, and have this total written into the constitution.
Second, no one on a low income should have to either pay tax or fill out a tax return. As a result, I'd lift the tax free threshold from the current $6000 to the minimum wage of around $30,000 per annum. To help pay for this I'd get rid of all personal tax deductions like car and work expenses, thus making tax returns extraordinarily simple.
And finally, I'd get rid of all current state taxes in favour of a higher GST. Sure, this might lead to a sales tax rise from 10% to 20 or even 25%, but people would be compensated by the abolition of many other nuisance taxes like stamp duty.
For the tax summit Canberra to work, a genuine political appetite for reform is needed. Unfortunately, I think the talking shop that we'll get instead will achieve very little apart from, well, talk. A relevant quote my father used to use was "When all is said and done, a lot more will be said than done".
Neil is one of Australia’s most experienced journalists with success in newspapers, radio and television. He was one of the youngest editors of a daily metropolitan newspaper, The Herald. Enter Neil's highlights page for videos. replays and news.
I feel Australia tax is a rip-off. We are working hard and only getting a super tiny amount back that we could save in the bank for our offsprings.We all know we been taxed like we been rip off by someone, and look at the cost on food, tickets,daily living products,how much have them been increased?? and how much our wage has been increase? I feel like working hard in Aus is meanless, because we can't get anything out from it, but TAX.amanda Friday 20 April, 2012 - 6:57 PM
Maybe if Austrtalia got its own flag we would not be taxed so muchcol Thursday 6 October, 2011 - 2:33 PM
Australia is one of the most heavily taxed nations in the world, we are not as lucky as we once were, but we still have the opportunity to get back on track. With the Mining Tax and the Carbon Tax on the way, we face the prospect of skyrocketing up the rankings of the most taxed nations in the world. According to ritholtz.com we are already the 10th most heavily taxed nation in the world. Furthermore; I am reminded of a well-fitting quote, to the tax debacle we now face. â??We contend that for a nation to try to tax itself into prosperity is like a man standing in a bucket and trying to lift himself up by the handle." Winston Churchill - Former UK Prime Minister.ScottL Wednesday 5 October, 2011 - 6:28 PM
Suspected the 'tax summary' was a farce then I saw John Brumby sitting there with a smile on his face and knew it was all a big con. What was she thinking by dragging out the greatest dud in the world???Ralph Wednesday 5 October, 2011 - 9:15 AM
What rubbish. We should be looking to the Scandanavian countries instead of whingeing all the time about how much tax we're paying. A flat tax for all earning over $30k, including businesses and corporations.Jenlu Tuesday 4 October, 2011 - 5:12 PM
Of course we are... with Gillard & Co. intent on taxing us a lot more!
The so-called Canberra tax summit will be another typical Labor farce - a whitewash of the 'Ranga's rorts'!
How much money can one government blow?
Give Labor a billion dollars and they'll blow it.
Give them a trillion, and they'll blow that too.
Such is the Labor Party - clueless, inept and just not worthy of a pittance - simply a DISGRACE!!!Gerard Tuesday 4 October, 2011 - 5:11 PM