[LINK] One Nation's e-tax

[Dr. Bob Jansen]

At 3:14 PM +1100 1/11/01, Bernard Robertson-Dunn wrote:
>"Chirgwin, Richard" wrote:
>>
>>  Bernard,
>
>>  So: what's wrong with an e-tax?
>
>Like most simple arguments, it's not what is said, but what is not said
>that contains the problem.
>
>I'll pick on two points from the web page.
>
>1. "Based on the latest statistics available from the Reserve Bank of
>Australia, in excess of $120 Billion is withdrawn from Australian banks and
>financial institutions every working day. If 1% tax were collected by the
>government through electronic transferring, $1.2 Billion would be generated
>every working day."
>
>How much of that is money paid to/by the government? Is the government
>allowed to tax itself?
>
My memory may be playing tricks here, but wasn't something like this 
raised and discussed when the GST was being thought about. I seem to 
remember a show on the ABC where this was seriously raised as the 
alternative to the GST and all its exceptions. Even then, the Gov had 
many arguments as to why it couldn't work.

In principal, it seems OK to me, if they remove all other taxes, but 
then maybe, as suggested, we'd merely move back to a cash economy.

bobj

Dr. Bob Jansen
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