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-=> Bob Muirhead wrote to Sam Harris <=-
-=> On 02-05-95 about dow V all ords <=-
BM>Hi Sam
BM>SH >well, for a year now market monitors and other assorted "experts
BM>SH >M>problem in spades.
..cut...
BM>Actually, I like the idea of a compulsory superannuation levy on all
BM>earnings (a la the Singapore CPF). This would enforce savings and
BM>act like a tax, but we would get the money back in retirement.
This is fine Bob as long as you get back relevant to what you pay in.
BM>The sooner we get a VAT the better. Just about every significant
BM>modern economy has a VAT. The Libs did this country great damage by
BM>their inept handling of the GST and thereby making such a tax
BM>unlikely for the next decade. It will come, but what a lost
BM>opportunity. Such a tax raises income efficiently from the "black"
BM>economy and is virtually unavoidable. Even drug dealers have to eat
BM>and buy clothes. And a VAT actually makes it easier for the pollies
BM>to sell an increase in the level of VAT than to sell a hike on
BM>petrol excise for example.
Roll on GST/VAT........This is about the best way of taxing the
black/cash deals.
..cut..
BM>Rgds
BM>Bob
BM>___
BM>X CMPQwk #1.4X UNREGISTERED EVALUATION COPY
^^^^^^^^^^^^
See you've got it working
Regards, Graham from Sunbury
___
X CMPQwk #1.4X UNREGISTERED EVALUATION COPY
--- Maximus/2 2.01wb
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