Australian Government to raise Duties by 50%


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If any of these politicians had any business or REAL world economics experience these issues would not exist to the extent they do around the world. HOWEVER, since most political models (including the USA) revolve around career politicians and their appointees tax and spend will continue. The fact that the majority of the modern world lives under a cloud of debt and future financial collapse means nothing to these blood suckers. It's simple, taxes taken from a tax payer do not participate in the money multiplier effect like they do when said taxpayer retains their money and spends money themselves.

Also, when is the last time you heard of a tax being repealed because the politicians "made a mistake" implementing it??? Once a tax is put in place it's permanent. It seems the only course of action is insolvency, but then that's funded with more taxes from future generations. Quite depressing the more you think of it . . .

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This might be some good news (Is there any with politics these days?) if the Coalition get in. But I wont be holding my breath.

http://au.news.yahoo.com/thewest/a/-/national/18356639/hockey-raises-doubt-over-tobacco-tax-hike/

Fingers crossed this train of thought leads somewhere helpfull...

Pretty sure Mr Hockey is avid cigar fan as well

All might not be lost...

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