kevvy Posted May 4, 2015 Posted May 4, 2015 I hope I read this wrong and it does not happen .It will affect other countries as well. AUSTRALIA FIRST TO INTRODUCE A COMPULSORY TAX ON MONEY ITSELFAUSTRALIA FIRST TO INTRODUCE A COMPULSORY TAX ON MONEY ITSELFPublished: May 3, 2015http://www.blacklistednews.com/Australia_First_to_Introduce_a_Compulsory_Tax_on_Money_Itself/43752/0/38/38/Y/M.html
simple1 Posted May 4, 2015 Posted May 4, 2015 Perhaps the guy is referring to the article below, a tax previously to be introduced by Labor and possibly a similar proposal i.e. "A 0.05 per cent levy on bank deposits up to $250,000 will be collected from January 1, 2016 and is forecast to raise $733 million in its first 18 months. It would be levied on the banks, not account holders, but the banking industry has indicated the costs will be passed on to customers. The money raised will go into a new Financial Stability Fund to be used in the event of a bank collapse, but will be counted as revenue in the budget" http://www.abc.net.au/news/2015-03-28/federal-government-set-to-introduce-tax-on-bank-deposits/6355662 2
BookMan Posted May 4, 2015 Posted May 4, 2015 Perhaps the guy is referring to the article below, a tax previously to be introduced by Labor and possibly a similar proposal i.e. "A 0.05 per cent levy on bank deposits up to $250,000 will be collected from January 1, 2016 and is forecast to raise $733 million in its first 18 months. It would be levied on the banks, not account holders, but the banking industry has indicated the costs will be passed on to customers. The money raised will go into a new Financial Stability Fund to be used in the event of a bank collapse, but will be counted as revenue in the budget" http://www.abc.net.au/news/2015-03-28/federal-government-set-to-introduce-tax-on-bank-deposits/6355662 That is what is being referred to. Reading any 'news' article from the OPs linked website could be dangerous to your mental health 2
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