Friday, March 03, 2006


Interesting site

I always hoped Australia would go down this path but looks like the GST has stalled into an 'additional' tax rather than an income tax offset.

I've never quite understood why governments have chosen to block this apart from the preference of their favourite lobbyists (corporate - I mean lets face it how much did you donate to your local politician last year.....then stop bitching about being screwed)

Either way I'm sure some country will go down this path, when you think about it most of the 'tax havens' already have a quasi gst in effect requiring you to live (and in effect spend money) for between 60-120 days a year, this 'residency' requirement often supports the local community through employment and support year round of these part time residences.


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