Showing posts with label prediction. Show all posts
Showing posts with label prediction. Show all posts

Friday, September 7, 2007

More sin taxes?

Today, old sleepy headed lover from Australia will announce the nation's budget. Look around you - has anyone been holding their breath fer an injection of life into a comatose economy?

Wanna bet it'll be the same old tactic of shocking hikes fer alcohol & tobacco which will hog the headlines? Like I said, I used to run a pub & Badawi's taxes on both those items made business fooking unfeasible.

The strange thing is that with these fookin ridiculous hikes, you can get contraband virtually anywhere now. Smuggling has become a very lucrative trade. Even the small sundry shops near me house has an ample supply of beer & liquor (everything from Chivas to Bombay Sapphire) at duty-free prices. Hooo-fookin-ray!

While at the Indonesian-run shop, you can buy various brands of kretek at a fraction of the list price. Great innit. The higher the taxes, the cheaper things become in some places . . . while the real issue of a nation's economy remains stuck in a rut.