Issue 23
PUNCH Magazine Weekly June 30 2016
I propose an automatically collected tax on every transaction through the banks with no paperwork ie
GGST on $50 transfer = 25 cents
GGST on $100 transfer = 50 cents
GGST on $1,000 transfer = $5
Do you prefer 100 hours tax return preparation for ABN Holders every year and 20% 30% 40% Income Tax plus 10% GST on top of that!?
With apologies to LONDON and his mate CHARIVARI
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