The Government has just handed down its third Budget. Since coming to power and under cover of the Global Financial crisis it has taken us from $22 billion in surplus to a deficit this year 2009/2010 of $57.1 billion. In the process it has spent 60% of the capital in three savings ... (19-May)
Tax has always been an element of civilisation. Oliver Wendell Holmes Jr who served on the Supreme Court of the United States once said that “taxation is the price we pay for civilisation”. The Internal Revenue Service liked that so much that they put it on the entrance to their head... (26-Mar)