AnCaps
ANARCHO-CAPITALISTS
Bitch-Slapping Statists For Fun & Profit Based On The Non-Aggression Principle
 
HomePortalGalleryRegisterLog in

 :: Anarcho-Capitalist Categorical Imperatives :: AnCaps On Realpolitik, Statism & Bureaucracy
 

 OZschwitz floods: PM Julia Gillard unveils new "soak the rich" tax

View previous topic View next topic Go down 
AuthorMessage
RR Phantom

RR Phantom

Location : Wasted Space
Job/hobbies : Cayman Islands Actuary

OZschwitz floods: PM Julia Gillard unveils new "soak the rich" tax Vide
PostSubject: OZschwitz floods: PM Julia Gillard unveils new "soak the rich" tax   OZschwitz floods: PM Julia Gillard unveils new "soak the rich" tax Icon_minitimeWed Jan 26, 2011 10:59 pm
Australia's Prime Minister Julia Gillard has announced a new tax to help pay for devastating floods that she says will cost A$5.6bn ($5.6bn; £3.5bn) in reconstruction.

Ms Gillard said the 12-month tax, starting from 1 July, would be levied on those earning A$50,000 or more and those affected by floods would not pay.

"We should not put off to tomorrow what we are able to do today'," she said.

More than 30 people have been killed since flooding began last month.

Ms Gillard said: "The Treasury's preliminary estimates are that GDP growth in this financial year will be about half a percentage point less due to the floods.

"The best preliminary estimate of the direct cost to the federal budget of the summer's flood disaster is A$5.6bn."

Cost-cutting

The new tax will charge an extra 0.5% on those earning A$50,000-A$100,000 and 1% more on those earning more than A$100,000.

OZschwitz floods: PM Julia Gillard unveils new "soak the rich" tax Rman3989l

ANCAPS: ANARCHO-CAPITALISTS
Back to top Go down
 

OZschwitz floods: PM Julia Gillard unveils new "soak the rich" tax

View previous topic View next topic Back to top 
Page 1 of 1

Permissions in this forum:You cannot reply to topics in this forum
 :: Anarcho-Capitalist Categorical Imperatives :: AnCaps On Realpolitik, Statism & Bureaucracy-
 :: 

Anarcho-Capitalist Categorical Imperatives

 :: 

AnCaps On Realpolitik, Statism & Bureaucracy
Index, Portal, Induct Yourself Here, Forum Technical Non-Assistance, Philosophy & Religion, Realpolitik Statism & Bureaucracy, Law & Order, Rights Individualism & Lifestyles, Laissez-faire Free Trade Zone, Science Technology & Environment, Psychology Edumbcation & IndoctriNation, Culture & Art, Ancapdemia's Ebony Basement, High Octane One-on-One Debate, Celebrate Evildoers' Inadvertent Contributions to Ancap Values, Idiot of the Week Award Nominees Are, Humor, Freestyle Miscellaneous, Ancaps Emporium, OZschwitz Slave Pen Downunder Boutique, Anarcho-Capitalists,AnCaps Forum,Anti-State,Anti-Statist,Inalienable Rights Defenders,Non-Aggression Principle,Non-Initiation of Force Principle,Rothbardians,Anarchist,Capitalist,objectivism,Ayn Rand,Anarcho-Capitalism,Anarcho-Capitalist,politics,libertarianism,Ancap Forum,Anarchist Forum,Vulgar Libertarians,Hippies of The Right,Forum for Anarcho-Capitalist,Forum for Anarcho-Capitalists,Forum for AnCap,Forum for AnCaps,Libertarian,Anarcho-Objectivist,Freedom, Laissez Faire, Free Trade, Black Market, Randroid, Randroids, Rothbardian, AynArchist,Anarcho-Capitalist Forum, Anarchism, Anarchy, Free Market Anarchism, Free Market Anarchy, Market Anarchy, Market Anarchism, Volunteerism, Libertarian anarchism,
Create a forum on Forumotion | ©phpBB | Free forum support | Report an abuse | Forumotion.com