The Australian Sex Party yesterday put forward a $5 billion budget plan that does not involve increasing taxes on working families and small businesses.
Sex Party President and Victorian Senate candidate, Fiona Patten, said that Australia needed a new broom to sweep away decades of conditioned thinking on funding budgets and that new streams of finance lay just beneath the surface of the nation’s economy, like hidden seams of gold.
She called on both major parties to implement taxation and regulation of marijuana in Australia and said that later in the campaign she would reveal costings and revenue forecasts for a regulatory scheme that would raise over $2 billion a year in tax revenue.
‘The US states of Colorado and Washington have recently taxed and regulated marijuana to their great benefit’, she said. ‘Uruguay has also recognised the benefits of this scheme and has started the same process.’
Ms Patten said she would also reveal details of a scheme to tax religious institutions in Australia that would net a bare minimum of $3 billion dollars in its first year, rising to $10 billion.
’A conservative estimate is that income tax exemptions alone to churches and religious organisations cost taxpayers nearly $20 billion a year. Add to that GST concessions, exemptions from capital gains tax (on property and share trading), the Fringe Benefits Tax Exemption and the cost to tax payers is staggering.’
’We need to do away with the old fashioned notion that religious businesses shouldn’t pay their fair share of taxation, just because they claim to be advancing the cause of religion’, she said. ‘Religion is on the nose and being examined by a Royal Commission. People are asking how can institutions like this get away without paying tax like everyone else has to. This will be a popular tax’.
I understand that this Party will be giving its preferences in the Senate to the Shooters and Fishers party- an ultra right party, whose policies appear totally contrary to the policies of this Party. This party needs to clarify this issue. If this is the case, then it highlights the problems with these new micro parties, who tout certain policies then do strange deals with preferences to favour parties at the opposite end of spectrum. I wonder if the members and supporters of such micro parties are aware of such strange deals which would appear to be contradictory to to the aims and aspirations of their supporters and members.
The situation with marijuana is the same as for any banned substance. It becomes more valuable. When you ban something to a child what does he hanker for??
Adults are no different. During WW2 some things were banned and some were rationed. They were almost readily available on the ‘black market’.
the organised crime running the gauntlets of government inspectors would have the values torn form them if the stuff was legalized and taxed. Not only would this reap a huge tax bundle but would save millions in inspectors salaries and expenses.
There is no need for church properties to be exempt from taxation. It could be on reduced scale, but they should pay something,
While I am on tax, the simplest and most effective taxation system is 1.5c on every dollar that moves, with NO exemptions.
The great stopper for this is that the rich will then pay taxes, which they do not do now, and 60% of the ATO staff would be redundant.