I found a website on it. I don't know if it's particularly good... haven't really read any of it yet. http://www.ceedweb.org/ttinit.htm Glenn Murray Technical Writer -----Original Message----- From: Christine Howes [mailto:[EMAIL PROTECTED]] Sent: Wednesday, June 09, 1999 5:29 PM To: Carrie Jacobi; Reconnet Subject: Re: GST reconnet: reconciliation email network Thanks Carrie....I know there is a website (I think out of UQ somewhere) which details the debit tax. I've since lost it's location, but you are completely right....the major stakeholders in such a tax are....the major stakeholders, I guess. No chance they are going to support it - especially because they could no longer get out of paying the same tax as everyone else - and they use it all the most! The people who make the most, get the most concessions and use the most resources!!!!! Bizarre (to use a well-worn cliche).... Cheers...Christine ---------- >From: Carrie Jacobi <[EMAIL PROTECTED]> >To: [EMAIL PROTECTED] >Subject: Re: GST >Date: Wed, 9 Jun 1999 8:40 AM > >reconnet: reconciliation email network > >Christine > >I think that the debit tax is part of what is known as the Tobin Tax. Tobin >was Nobel prize >winning economist who developed a tax system which truly taxed the richer. >Part of his tax >system also dealt with foreign exchange, but for this to happen there needs >to be an agreement >between the countries involved. > >The Greens in Australia have adopted the foreign exchange part of the Tobin >Tax into their tax >policy. I would like to see it go further than that and include a debit tax. >A local economist >maintains that a Tobin Tax would bring in more than PAYE tax alone (so not >including taxes >like Wholesale Sales Tax or Provisional Tax, etc). > >It seems so simple, but it's the people who would be making large exchanges >that would be >taxed the most, and those are the people who seem to be holding the >government strings. > >Regards >Carrie > >At 08:29 3/06/1999 +1000, you wrote: >>reconnet: reconciliation email network >> >>Thanks Jocelynne, good reply. You are absolutely right. People at the >>bottom end of the scale certainly don't have the monopoly on government >>handouts or benefits from the money they invest in this country. I wish I >>could recall the html address for a group in Brisbane working on promoting a >>Debit Tax - fair to everyone - a simple .33% (33cents in $100) debit tax on >>every debit transaction. Much simpler, much fairer. Before I was a member >>of this list I circulated some stuff about it to my usuals and NO ONE (not >>relies, not economists, etc) could find fault with it. I have heard the >>same on talk back radio about it. Could be a good time to invite both the >>Dems and the ALP to pull their heads out of their...But I digress.... =) >> >>I think Peter's point (re ACC article) is also a good one - this affects the >>spending/buying power of everyone. Aboriginal communities lose 1 in every 5 >>houses. Are their any other activists out there who are a tad concerned? >>Working for community organisations, having to lump on 10 per cent, >>collecting tax for the government (and I haven't even done 97-98 yet!). >>Could be the end of my stint as .... what ever it is I am (shit stirrer, >>journalist, writer, activist, photographer, email hound!). But the >>organisations I get most of my paid work from are already on the edge....and >>what's their role in all of this????? >> >>Cheers all (forgiving lot that you are!).....Christine >> >> >>______________________________________________________________________ >>To unsubscribe, write to [EMAIL PROTECTED] >>Start Your Own FREE Email List at http://www.listbot.com/ >> > > >______________________________________________________________________ >To unsubscribe, write to [EMAIL PROTECTED] >Start Your Own FREE Email List at http://www.listbot.com/ > ______________________________________________________________________ To unsubscribe, write to [EMAIL PROTECTED] Start Your Own FREE Email List at http://www.listbot.com/ ------------------------------------------------------- RecOzNet2 has a page @ http://www.green.net.au/recoznet2 and is archived at http://www.mail-archive.com/ To unsubscribe from this list, mail [EMAIL PROTECTED], and in the body of the message, include the words: unsubscribe announce or click here mailto:[EMAIL PROTECTED]?Body=unsubscribe%20announce This posting is provided to the individual members of this group without permission from the copyright owner for purposes of criticism, comment, scholarship and research under the "fair use" provisions of the Federal copyright laws and it may not be distributed further without permission of the copyright owner, except for "fair use." RecOzNet2 is archived for members @ http://www.mail-archive.com/
