FAIR TAX FOR ALL
THERE are so many ‘ideas’ and proposals relating to the already complicated tax system that it is almost impossible for the average person to navigate through it.
Sometimes I wonder if this is done deliberately to confuse and silence.
I personally would not mind if the GST is pushed up by 5 or 7 per cent, with no exclusions on certain products or services, if it means everyone is paying equally.
A lot of the things everybody squeals for would be attainable if the government got a few extra pennies to cover the bills with.
Increase the tax-free threshold to $50,000 to cater for the lower income people like myself and lower the percentage of tax on a sliding scale above that.
Companies should pay GST with no exclusions and then be evenly taxed on their profit. They should be allowed to send a small percentage of their gains to an overseas holding company – perhaps 15 per cent.
Any movement of money in or out of this country should be very well monitored and controlled.
Any person buying a franchise knows that you do not get to keep only 5 per cent of the profits while forking the rest over.
Why should it work this way for big business and no-one says a thing? Also, inflating the cost of