Saturday, January 29, 2011

Time to fix our unfair tax system

Australians are struggling. There is no doubt that recent increases in interest rates combined with higher prices at the checkout are putting many Australian households under pressure. To confirm this you only have to look at the public response to Julia Gillard’s new flood Levy. For most Australians the burden will be only a couple of dollars a week yet as much as 90% of the public are against it. It is clear people have had enough.

Over the last two decades the major parties have attacked individuals and small business with a raft of new taxes. The system is far too complex and unfair. Wage earners and small business pay the lion’s share of government revenue in this country as corporations and the big multinationals pay little or even nothing into the public coffers. The average person does not have an army of accountants to protect them and find loopholes in the system and with the current complexities of the tax act there are plenty of them to be found and exploited.

Why are individuals overburdened? One Nation believes that because they are an easy target and all levels of government know it. It is easy for federal, state and local governments to target them and all are concerned about economic figures so they leave the big boys alone. This makes the headlines look good as they sweep the associated human misery under the carpet. This can be seen by the increasing numbers living on the streets and those who have joined the working poor and cannot afford life’s basic essentials.

The Henry Review, set within strict parameters does little more than suggest a whole new range of taxes on individuals. At the same time corporations are paying record executive bonuses and the banks boost profits every year. Where will it end?

One Nation calls for a complete system overhaul. We have put forward the debits tax system which has been backed by economists the world over. This one only tax would eliminate all other taxes and streamline the system. It would provide a balance to the system with all paying their equal share.

The major parties have rubbished it and written it off. Why you may ask? We all know that Labor and Liberal get millions from the corporate sector in donations. There is no way they will support a fair tax as their masters will cut off the funds if they have to pay their fair share. Even Chinese government owned agencies have thrown millions into the major parties. If you are asking for representation from Labor or the Coalition you are wasting your time as their support has been bought just like every other public owned piece of infrastructure this country ever owned.

Only your vote will bring about long term change for this country and we urge you to use it wisely.

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