Lots of talk about tax reform at the moment. I want tax reform as much as the next tax-nuffy. I couldn't tell you which of the suggested changes is better (flat 30% tax, increasing the tax-free threshold, indexed tax brakets, dropping the 42% and 47% tax brakets).
The main reason for the call for tax reform is the large surplus [The Age] expected in this year's budget.
A few things I'd like explained:
As I said, I'm a nuffy. Explain it to me.
And while I'm talking politics (rare) may I also say that if the Federal gov passes the buck of anything to the state gov again I'll scream. If something is broken in the state gov, get on their arse to fix it. I don't care if they're another political party. It shouldn't matter. The same goes the other way.
Isn't xmas grand?
* Hudsons
** Coopers Red