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29 November 1991. Thought for the Week: "While a few years ago no one would have believed it possible that a scale of taxation such as that at present existing could be imposed upon the British public without revolution, I have every hope that with skilful education and propaganda this scale can be very considerably raised."
Sir Josiah Stamp, Director of The Bank of England, as quoted by C.H. Douglas in Dictatorship by Taxation (1936)
THE HEWSON TAXATION FRAUD
The higher echelons of the International Monetary Fund and the World Bank will no doubt be purring with satisfaction as they consider how Australian Opposition leader Dr. John Hewson is skillfully attempting to condition the Australian people, that with the adoption of his Consumption Tax "reform" programme, Australia will be on the way to economic recovery. The concept of a General Services Tax has long been the policy of the I.M.F.
It should never be forgotten that the I.M.F.
and the World Bank were established as a result of the 1945 Bretton
Woods (U.S.A.) agreement, the main architect of this agreement being
Harry Dexter White of the American Treasury Department. White was subsequently
exposed as a top Soviet agent. As documented by Jeremy Lee in his best
seller, "The New World Order" And The Destruction of Australian Industry,
($10.00 posted), since the end of the Second World War there has emerged
an unholy alliance between International Finance and International Socialism
(under various guises) in an attempt to centralise power on a global
A problem correctly stated is a problem already half-solved. What is the major problem confronting Australians today? In spite of record post Second World War unemployment, and a number of restrictive practices in industry, the actual or potential production is adequate to meet all requirements. If there are necessary capital works, such as improving Australia's transport system, then why are those works not being carried out? According to the "experts", and Dr. Hewson clearly regards himself as one of these, it would be too "simplistic" and would threaten an increase in inflation, if new financial credits were made available for such purposes.
Australia is being strangled by debt, as is every nation in the world operating under orthodox financial rules, but Dr. Hewson offers no answers. He does suggest that Australians should work harder and become more efficient! The whole thrust of the Hewson programme is concerned with how to get more taxes from the Australian people in the most "efficient" manner. There is no suggestion that TOTAL TAXATION is going to be LESS.
Dr. Hewson and his echo, National Party colleague, Mr. Tim Fisher, have boldly stated that if the 15 percent G.S.T. were ever increased, they would resign from Parliament. Big deal!
Anyone capable of doing a little elementary arithmetic can demonstrate that as inflation continues, and the G.S.T. makes that certain, then the 15 percent must result in increased tax revenue. It is a system of taxation, which feeds upon itself.
Manipulating public opinion has reached the stage where the promoters of the G.S.T. stress that many other nations have adopted it. The G.S.T. propagandists should be asked to nominate that nation where they believe it has been a great success. Our New Zealand friends will be amazed to know that the G.S.T. has been an outstanding success, and that the majority of New Zealanders are very happy with it.
When faced with a few realities, the G.S.T. propagandists are slightly discomfited, as witnessed by the criticism of Mr. Brian Grey, of Compass Airlines. No one will dispute that under de-regulation, Compass has revolutionised air services in Australia, bringing fares down to a level, which makes it possible for more Australians to use air travel inside Australia. This has assisted a tourist industry collapsed by the pilots' strike. As Mr. Grey says, air travel and tourism has been one of the few growth industries. Mr. Grey says it is a strange way to reward incentive by imposing a 15 percent tax on it!
Dr. Hewson's programme is not merely an economic
strategy, as witnessed by the fact that it is conceded that lower income
earners will require concessions. In other words, there is the important
question of not losing too many votes! Probably the most astonishing
aspect of the Hewson propaganda circus is otherwise sensible people
appear to believe that the G.S.T. might be worth trying.
VALUE - A BIT VAGUE
by Neil McDonald
The value of the proposed consumption tax can be compared accurately if present sales and other taxes are defined and held firm. If inflation does not complicate, there is only one reason to prefer a consumption tax - better value. Unless John Hewson can promise that a consumption tax will not cost more increases, is consideration worthwhile? The known devil, is a lesser risk than the unknown. Give John Hewson's gang a serve of rejection. The choice between two evils offers one genuine alternative. When in doubt, leave out. A certain way to reduce taxation is to amputate. Chop off excess public service bureaucracy. Oust overheads. Write off the national debt. Sever overseas dependency. Become self-reliant.
Australia can survive physically by using Australian labor. With much better bookkeeping, debts can be turned into credits. The orthodox way leads only to ruin and rising inflation. A few centuries ago, bridges and cathedrals were built without "one penny of debt". Wealth creates assets - not debt. Amongst suffering Australians, surely somewhere is statesman material, desperate to find a way to unlock physical riches without impossible financial debt? Debt is merely figures in books, intangible, uneatable and without value.
IS THE N.F.F. CHANGING TACK?
by D. Thompson
CAN THE N.F.F. COME TO GRIPS?
Mr. Blight believes that the N.F.F's. most important
currency in dealing with politicians and senior bureaucrats is "credibility".
Such radical solutions will damage "credibility", and must presumably
be left to "perfidious" groups like the League of Rights. Primary producers
must be sacrificed on the altar of the N.F.F's. 'credibility'. In fact,
the N.F.F. has declared its intention to commit the "Fighting Fund"
to bashing the unions, but certainly not the banks! (Australian,
WILL THE 'CLOSET PROTECTIONISTS' EMERGE?
In a dramatic call from the heart, the author Morris West, himself never a farmer, is calling for an immediate moratorium on rural debt. He takes a swipe at the banks, Government and Opposition for refusing to acknowledge the gravest rural crisis in our history: "I feel like the child in the crowd, staring at a naked king heading a procession of his fawning courtiers. I want to shout as loudly as I can: 'The king has no clothes!'"
WHY I CANNOT BE BOTHERED PUTTING 12 PEOPLE IN JOBS
from The Age (Melbourne), 19/11
"I rapidly concluded that I was better off to invest the money and take a job. And, surprise, surprise, if you have sufficient ability to run a successful business, it is not difficult to get a job, even in hard times. The net result is that I have a job and 12 to 14 people do not. I also have less worry and more disposable income. Multiply my experience by 50,000 and you have the root cause of Australia's unemployment problem. And it is not going to go away until the basic problems mentioned above are rectified." (David Norman, South Perth, W.A.)
UNSWEET MARKET SHARE
from Herald-Sun, Melbourne, 21/11
"For Mr. Sembler to contend that our sugar exports to the U.S. have been cut by 34% this year 'for good reason' (because U.S. sugar consumption has been halved in recent years) is to tell only part of the story. U.S. sugar demand has only failed because cloistered domestic sugar producers are subsidised at twice the world price, effectively pricing their product out of the huge soft drinks market. Our cost-efficient producers are restricted to feeding on the crumbs of the dwindling U.S. market for sugar.
"He does hit the nail on the head, however, when he admits 'we've been accused of distorting the world market and I can't deny that'. Politicians of all persuasions should note his comment that we have 'unrealistic expectations' if we expect our friendship with the U.S. to produce any trade concessions. (Harry Bonanno, Brisbane, Qld.)
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