I have not heard of this "Robin Hood" tax, but I am very sceptical of any new tax initiative. Our governments at ALL levels have an atrocious track record of introducing new and (supposedly) temporary taxes for a specific purpose. The new tax is rarely temporary and funds raised may initially go to the stipulated purpose. History shows that very soon however, the funds are directed back to "Consolidated revenue" to prop up poorly performing governments who have mismanaged their economic responsibilities.

Just one example that springs to mind was the 3 X 3 fuel tax here in NSW. We were supposed to be paying 3cents extra per liter of fuel for three years to fund improvements to road infrastructure. That was about 15 - 20 years ago. To my knowledge, the levy was never removed and our roads are still a mess. Remember the Harbour Bridge toll......that was supposedly only to pay for the bridge. Tolls raised could possibly have built three or four such bridges by now.

I certainly agree with you on the tax issue kfc, what about the issue of 'the poor'? Do you have an opinion there, I must admit I feel stumped on this subject.

I wonder if this is a part of the Henry Tax Report?



IF its put in place banks wont forgo their massive profits and will simply pass on the charges to the long suffering public.

Yes new taxes worry me also--consolidated revenue does as well--where does that end up? We used to have lotteries for a heap of things--where did a lot of that go?

Have not heard of the robin Hood Tax but anything going

into consolidated revenue would be a worry to me as it seems

carte blanche to spend and not show exactly where the money goes.

..

A tax on profits to be passed down to the poor????????.

.

I wonder are some people who say they are poor in some instances

seems because they have done and are doing the wrong thing with the moneys

they receive - not all just some so poor people in Australia?

I do not know any genuine ones to be honest and I certainly do not think

Seniors are poor. O.K. so many will say I am wrong but that is my take on it.

.

____________It is always nice to see people happy receiving the pension

and you are not alone Lolih we are not badly off here in Australia and

some people have no other conversation other than to complain

and complain about Seniors lot, whereas we are o.k. in most areas

to be able to live a happy life. Our kids do not have to support us as they

do in some other Countries

.

My gripe is the Hospital system albeit people on a pension do quite well

with most tests done as they pay no gap and some are very expensive so

that is good. BUT it is very difficult for people unless a real emergency to

get surgery which is not a good thing. Long waits kill people.

.

My second maybe more important one is the hygene in hospitals which has

seriously gone down probably slowly at least for the last 10 years or so.

.

Off shopping (exciting Aldi have their big specials day every Thursday).

What fun is this I ask - Very says I.

Have a wonderful Thursday

Phyl