According to this report, Australia intends to tax bank deposits:
http://www.theguardian.com/australia-news/2015/mar/28/tony-abbott-accused-of-breaking-pledge-over-report-of-bank-deposit-levy
And according to this confirmation, Australia's move is a trial balloon which will soon be followed by governments all over the world:
http://deutsche-wirtschafts-nachrichten.de/2015/03/30/australien-bereitet-zwangsabgabe-auf-sparguthaben-vor/
[You may have to translate from the original German to read the latter report.]
You thought it was your money, right?
You probably also thought Social Security was an annuity to which you were legally entitled.
You were wrong on both counts.
No comments:
Post a Comment