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[OM] Re: paypal

Subject: [OM] Re: paypal
From: "Sue Pearce" <bs.pearce@xxxxxxx>
Date: Fri, 24 Oct 2008 17:27:57 -0500
That's what I like about our system. The VAT is indeed invisible.

Oh, and the flat tax as propsed here in most instances takes more from the 
people that think it will help them the most.

Bill Pearce
----- Original Message ----- 
From: "Andrew Fildes" <afildes@xxxxxxxxxxxxx>
To: <olympus@xxxxxxxxxx>
Sent: Friday, October 24, 2008 3:27 PM
Subject: [OM] Re: paypal


>
> A flat goods and services tax advantages the middle-class somewhat -
> there's only so much that you can consume. That's why unprocessed
> foods were exempted. Shame the lower classes tend to prefer
> Macdonalds. And it really is a tax on everything, including a postage
> stamp and an insurance premium. The aim is to recognise that we live
> in a tertiary economy - most 'stuff' is manufactured in China (10%
> import duty into Aus) but we make our living these days by cutting
> each other's hair and lawns. Unlike the European VAT, however, it's
> largely invisible to the consumer except in the case of a pure
> service such as an auto repair where a labour charge is listed.
> Because my 'fee for service' work, like journalism, falls below a
> certain threshold ($50K p.a. turnover) I don't have to bother with
> declaring it or remitting it to the government thank goodness.
>
> It should not be confused with the occasional mad proposals for a
> flat income tax - that's an entirely different basket of snakes.
> Andrew Fildes
> afildes@xxxxxxxxxxxxx
>
>
>
> On 25/10/2008, at 5:09 AM, Ken Norton wrote:
>
>> A flat tax would never fly here because of the class warfare which is
>> inherent to our culture.
>
>
>
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