WE NEED TO REPOSSESS AUSTRALIA
Rise Up Australia's Economic Plan is quite simple
(thanks to the foundation hard work done by RUA secretary Yvonne Gentle.)
I will try to put it al together on one page to make it easy to understand.
2 % debit TAX on all transactions is the Key Revenue Generator we estimate that that will generate 1.15 trillion Dollars in Revenue (Current Tax revenue is 436 billion) broken down :
(352 billion commonwealth +69 billion states government +15 billion Local Government)
= Total 436 billion Dollars Total Tax revenue as of (2013-2014).
Direct quote from RBA :
Non-cash payments account for most of the value of payments in the Australian economy. On average, in 2017 non-cash payments worth around $242 billion were made each business day, equivalent to around 14 per cent of annual GDP.
This means 2% debit tax calculates by Rise up Australia on these figures updated to 2017 (our RUA original figures were calculated on RBA figures 2009)
$242 billion x 260 business days (average per year ) = $242 billion x 260 days
= $62,920 trillion(1,000 billion = 1 trillion) x 2% =1.25 trillion tax revenue received
THIS IS ALMOST 3 x TIMES THE TAX REVENUE OF 436 billion (2013-2014) received by the
2% debit Tax ALONE !
AFTER RISE UP AUSTRALIA CANCELS ALL OTHER 125 EXISTING TAXES !
ITS THAT SIMPLE! and we also add in the 5 % Consumption tax (not on services) which is an additional bonus of + another 27 billion (see Graphs below).
I believe we can TURN THE AUSTRALIAN ECONOMY AROUND IN 2 YEARS add in the BRADFIELD IRRIGATION SCEHEME (see reference page) as THE GREATEST NATIONAL INFRASTRUCTURE PROGRAM OF ALL TIME and within 2 to 5 years AUSTRALIA WILL BE A SUPER POWERED ECONOMY like GARDEN OF EDEN of the World supplying Food Globally .
We Will BUY BACK AUSTRALIA and PREPOSSESS the Farms,national assets,water and recreate the manufacturing,and primary industries that belong to the people of Australia,
WE MUST STOP GLOBALIZATION NOW 2019 before its too late!
Also reference Page this Web site : Click here
36 % of Multinationals PAY ZERO TAX according to ATO Australia Tax Office
This means the TAX BURDEN IS TAKEN BY WAGE & SALARY EARNERS and SMALL BUSINESS
2% Debit Tax will catch all of the Below tax Evasion in one simple move.
But it shows a range of household names paid no or little tax in 2015-16:
Adani: $0 tax paid on $724m revenue.
Chevron: $0 tax paid on $2.1bn revenue.
ExxonMobil Australia: $0 tax paid on $6.7bn revenue.
Origin Energy: $0 tax paid on $11.9bn revenue.
IBM: $0 tax paid on $3.6bn of revenue.
Ansell: $0 tax paid on $326m of revenue.
Glencore: $44m in tax paid on $24bn of revenue.
Ikea: $11m tax paid on $1bn of revenue (its first tax paid in the last three years).
Apple pays a miserable 193million on a 27 billion profit in Australia
700 multinationals in Australia play NO TAX ON Profits
Also Reference Page this Web Site : Click Here
The taxes that generate the most revenue are:
individual income tax at $170 billion or 39.3% of all revenue collected in Australia,
income tax on enterprises at $77 billion or 17.7% of all revenue,
GST at $55.5 billion or 12.8% of all revenue, and
excise taxes at $26.4 billion or 6.1% of all revenue.
All of these taxes are Commonwealth taxes.
State taxes are the next best at generating revenue. These are:
payroll tax at $21 billion or 4.9% of all taxes,
conveyance duty on the transfer of property at $16 billion or 3.7%,
and taxes on motor vehicles at $9 billion or 2.0%.
86.5 % of tax revenue is paid by middle income Australia
while 36% of multinational companies pay ZERO TAX
this is TAX SLAVERY PLACING EVERY AUSTRALIAN
IN TAXATION BONDAGE
One last parting statement, did you notice that wages have stagnated over the last 10 years or so (in reality over the last 30 years) WHY ?
The Austrian Federal Government talks about INCREASED PRODUCTIVITY in GDP figures as if Australia is doing so well and you the tax payer should feel 'so prosperous' ? don't you ? Are you waiting for the 'trickle down effect?'
don't hold your breath, because it will NEVER HAPPEN.
Here is Why :
The Productivity in GDP figures the federal Government talk about is totally unrelated to the purchasing power of your wages in respect to every day living expenses.(the purchasing power of your dollar has not increased significantly in the last 30 years ,however what has gone up in valuations ? since 1970 ? (see below summery)
In Summery: since 1970 Housing + 3,000% (33 times more)
Cars + 1,000% (10 times more) but wages +250% (2.5 times more)
Collectively your Paying 80 cents in the Dollar when you all up all the 125 various taxes!
Now you know why YOU ARE A DEBT SLAVE IN AUSTRALIA !
In fact wages stopped being related to Productivity at about 1973 where manufacturing disappeared progressively (wages after 1973 were no longer linked to manufacturing)
Productivity was now all about multinational global corporations (who PAY ZERO TAX in Australia and stock market global gambling with money created out of thin air (Fiat Money) no longer linked to wages. Do you feel left out of the equation ? WELL YOU ARE COMPLETELY ! You in fact with 125 different Taxes in Australia are paying about 80 cents in the dollar in reality and 36% of global Multinationals DO NOT PAY TAX ON PROFITS You carry the TAX BURDEN !
If you think this is criminal like I do , well this is what you can do :
VOTE RISE UP AUSTRALIA INTO THE SENATE we will form a conservative Christian Block with the other independent conservative parties to TRANSFORM AUSTRALIA and we really do need to "repossess Australia" and "buy back Australia"
and DISCONNECT FROM THE SELF DESTRUCTIVE GLOBALISM !
Senate candidate Rise Up Australia
See our reference and News page for the above details on wage stagnation etc. Click Here.
The above two videos are from Prager University USA and highlight the Progressive tax scale system (similar to Australia's tax system) and this system (the progressive tax scale, like climbing a stairs) the more you earn the more tax you pay.
Actually its a DISINCENTIVE to earn more money and do overtime etc. as the TAX MAN gets most of that money and you are basically working for nothing the higher the income, so as I say a disincentive .
the second video introduces a FLAT TAX RATE for all income this is FAIR to all concerned and earning more doesn't mean getting taxed more . the low income earners are protected with zero tax under 50,000 pa.
Even though this is modeling for the USA it can be used as modeling for Australia as well.
in the second video Prager University talks about a 17% FLAT TAX across the board .
In Australia we have spoken about a flat 10% tax across the board, however its never got further then discussion.
Rise Up Australia proposes a 2% debit tax or transaction Tax on all money processed through the banking system.
This way the 36% of global companies who pay ZERO TAX would be included in this system and it would create a completely LEVEL PLAYING FIELD (everybody pays) and be COMPLETELY FAIR .
the bonus would be that we would CANCEL 125 existing taxes making the existing taxation system unnecessary .
in fact a 2% debit/transaction tax would make 3 times more in taxation revenue then the existing system in Australia and relieve every Australia citizen and small to medium business of paying tax !
Thus GENERATING MASSIVE CASH FLOW BACK INTO THE NATIONAL ECONOMIC SYSTEM.
That means more Jobs, More small businesses, more real wealth generated.