- Mark Williams diagnosed with cancer
- Multi-car crash on Princes Highway
- Siege at Barwon Prison
- Dramatic resuce after Port Phillip boat collision
- Clive Palmer spits the dummy
- Body found in burning car
- No costings, but Dan's the man in tight debate
- Milne welcome back at St Kilda
- RSS Syndicate this blog (XML)
What we're talking about
- jgl Melb on Clive Palmer spits the dummy The punters are starting to twig to Clive (no I haven't s--t myself I only walk like it) Palmer. more
- Stephen on Clive Palmer spits the dummy This is what our stupid voting system gets us. Idiots voted in on hand full of votes and a bucket load of preferences that ... more
- greg on New-age helmet design I'm sure(NOT) that will prevent motorists from hitting cyclists. It's a dumb idea and the helmet is both hideous and ... more
- Jester4212 on New-age helmet design Is this the answer to more accountable cyclists? No. This will make it more dangerous for cyclists. You can guarantee ... more
- Lynne on New-age helmet design Hi Neil,I think this is a great idea not just for riders but other road and footpath users too! All too often as a ... more
- Colin Lacivita on New-age helmet design Good Idea especially with the rego on the back.I wish I thought of it. more
- Gabriel on New-age helmet design This looks ridiculous. And that clear visor looks like it could end up lodged in your eyes. more
- Miracle Rescue on Miracle rescue for trapped man Separate trucks and cars more
- Stephen on Miracle rescue for trapped man Surprised this doesn't happen more often to be honest. BRAKING DISTANCE between vehicles is just not observed by Melbourne ... more
- jgl Melb on Balme returns to Pies How much compensation will this cost Ed ? more
- Jester4212 on Two Melbourne Cup horses dead And what about the pain the animal had to endure up until this point? more
- Sinbad on Two Melbourne Cup horses dead People collapse and die in marathons on a fairly frequent basis and we don't hear the outcry, wringing of hands, tears and ... more
- bushiepete on 78yo spends 2 hours having spasms on ... yes there were a lot of happy people who had drugs, grog,to much fun time and need to be baby sat by the police and ambos.. ... more
- Susan Williams on A wife's heartbreak: 'My life is ... Neil I have listened to your interview with Bridget O'Toole and I felt compelled to write to you. I was crying whilst ... more
- Mandi on A wife's heartbreak: 'My life is ... The parle board and those responsible have blood on their hands again sadly I cant see things changing. more
- Craig on A wife's heartbreak: 'My life is ... I do not generally believe in the death penalty, but there are 20 or 30 cases where the death penalty is warranted. This ... more
- Colin Lacivita on Has this CCTV caught a ghost? The Police should see this video it looks like a robber. more
- M. Patterson on A wife's heartbreak: 'My life is ... As a friend of the family I have seen their grief firsthand and I am just so heartbroken because of the endless pain they ... more
- PJ on A wife's heartbreak: 'My life is ... Broke my heart listening to the agony and the anguish of Bridget. What a person she is to be still standing up after all ... more
- Lee McLean on The Rumour File even we didn't think ... The day my father died in a nursing home in footscray a carer walked up my mother and myself a stated now your father has ... 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