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Grasping Government’s new tax plan

By johnboy 16 December 2005 7

ABC Online have an interesting piece on plans by the Government to tax car purchases on manufacturers’ list price and not on what you actually paid for it.

This could be a bonanza for the car yards of Queanbeyan.

Shame our government never tries lowering taxes to cash in on resulting expanded volumes.

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7 Responses to
Grasping Government’s new tax plan
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midnitecalla 10:25 pm 16 Dec 05

just waiting for the Chrysler 300C to start depriciating enough so i can buy one . ill worry about the tax when i cross that bridge in 6 years!

colsim 12:40 pm 16 Dec 05

If we want to get into budget issues, it’s probably worth noting that monies flowing forth from the feds are increasingly coming with ideological price tags – sign this, sign that, no TAFE money without teachers being put on AWAs etc. I wonder if this is part of the reason for the shortfall.

barking toad 11:56 am 16 Dec 05

This is just the start.

The mismanagement of the council finances will see all sorts of innovative fund raising efforts in the near future.

But that’s all right – the most important thing is for those press releases to keep hitting the websites to give rights to whales, gay people and assorted hippies.

Do our town councillors ever think of doing something about efficiently running the town instead of just publishing puff about their favourite cause?

jr 11:33 am 16 Dec 05

I think they are referring to Stamp Duty?

Ralph 10:53 am 16 Dec 05

Under the ACT’s agreement with the Feds on GST I don’t think they can do this.

colsim 10:47 am 16 Dec 05

I assume this is just about new cars then?

Seems a bit more about revenue raising than the fairness being claimed.

(and is it just me or are political parties bastardising all the good words these days – freedom, choice, trust, fairness. Over it)

bonfire 10:32 am 16 Dec 05

thats why i do my bit for the environment by driving ancient cars.

unless it was part of a salary package, i cant imagine why i would buy a new car which devalued the second you drove it out the caryard gate.

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