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Keep socialist blog En Passant going - donate now
If you want to keep a blog that makes the arguments every day against the ravages of capitalism going and keeps alive the flame of democracy and community, make a donation to help cover my costs. And of course keep reading the blog. To donate click here. Keep socialist blog En Passant going. More... (4)

Sprouting sh*t for almost nothing
You can prove my 2 ex-comrades wrong by donating to my blog En Passant at BSB: 062914 Account: 1067 5257, the Commonwealth Bank in Tuggeranong, ACT. More... (12)

My interview Razor Sharp 18 February
Me interviewed by Sharon Firebrace on Razor Sharp on Tuesday 18 February. http://sharonfirebrace.files.wordpress.com/2014/02/18-2-14-john-passant-aust-national-university-g20-meeting-age-of-enttilement-engineers-attack-of-austerity-hardship-on-civilians.mp3 (0)

My interview Razor Sharp 11 February 2014
Me interviewed by Sharon Firebrace on Razor Sharp this morning. The Royal Commission, car industry and age of entitlement get a lot of the coverage. http://sharonfirebrace.com/2014/02/11/john-passant-aust-national-university-canberra-2/ (0)

Razor Sharp 4 February 2014
Me on 4 February 2014 on Razor Sharp with Sharon Firebrace. http://sharonfirebrace.files.wordpress.com/2014/02/4-2-14-john-passant-aust-national-university-canberra-end-of-the-age-of-entitlement-for-the-needy-but-pandering-to-the-lusts-of-the-greedy.mp3 (0)

Time for a House Un-Australian Activities Committee?
Tony Abbott thinks the Australian Broadcasting Corporation is Un-Australian. I am looking forward to his government setting up the House Un-Australian Activities Committee. (1)

Make Gina Rinehart work for her dole
(0)

Sick kids and paying upfront

(0)

Save Medicare

Demonstrate in defence of Medicare at Sydney Town Hall 1 pm Saturday 4 January (0)

Me on Razor Sharp this morning
Me interviewed by Sharon Firebrace this morning for Razor Sharp. It happens every Tuesday. http://sharonfirebrace.com/2013/12/03/john-passant-australian-national-university-8/ (0)

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Why not tax the rich instead of screwing the poor?

 

I wrote this back in May for Independent Australia. It contains some of those pesky things called facts that rebut the Morrison lies about the taxed and the not taxed.

Why not tax the rich instead of screwing the less well off?

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Comments

Comment from Chris Warren
Time August 27, 2016 at 8:35 am

Yes, the only way one social strata can get “rich” is by exploiting others. Under capitalism this is effected by the creation and accumulation of “surplus value”.

Under capitalism – surplus value should carry the burden of taxation.

While there are petty forms of surplus value – so-called “Mum and Dad investors” most loans, foreign exchange and share transactions represent pure surplus value as it moves from one occupation to another.

This flow is tax free and does not incur any GST. On the other hand workers wages are triple-taxed, 1) payroll, 2) paye and 3) GST.

If you look at the data on Sharemarket turnovers you will see that daily share transactions are 2-3 billion per trading day.

A minute tax on ASX and foreign exchange will easily provide the funds we need for all the goods and services and jobs everyone needs.

Comment from Fred
Time August 28, 2016 at 8:14 am

Ah yes, tax the rich.

Just like the Luxury Car Tax. Which car manufacture sells the most cars subject to LCT? Toyota.

A tax on the rich will soon become a tax on Toyota drivers i.e. everyone.

Comment from Chris Warren
Time August 28, 2016 at 7:38 pm

Fred,

the rich have got rich by taxing everyone else and only the few drive luxury cars.

Since when were the Yaris and Corolla deemed luxury cars? The tax is only paid on vehicles selling for OVER TWICE these prices.

Comment from John
Time August 30, 2016 at 8:42 pm

Yes.