The government is starting now to tell the banks to begin to remove access from their customers , of all cheque accounts , in a move to record your every single financial transaction electronically,
this is a certain move towards a cashless society and is not really aimed at the wealthy , but it’s aimed at everyday mums and dads ,
don’t they bleed out enough tax from this group already?
I think that they instead should go after the big companies and wealthy individuals that minimise their tax liabilities by various means , and by the government actually reforming taxation and introducing to Australia a debits tax system, and then every time you either withdraw or deposit money you will be taxed .
So it’s a much fairer system and everyone pays their fair share including the big companies and also the rich individuals that pay minimal now , there would be no escape , there also would be no more payg tax system on your wages anymore. So you would get your complete pay packet including the amount you formally paid in tax every week.
This will lift your pay packet considerably.
So in a note to our government ,
leave our cash system alone as you already slug us the working class all so much and everywhere else imaginable
Cheers
Curlyg xxx