Thursday, 24 February 2011

fundraising - the quick & easy way

like most people, i've been glued to the radio or tv whenever i get a spare moment, trying to keep up-to-date on the coverage of the earthquake. there's not much more to say about that.

there is one i'll say about fundraising though. all sorts of options are coming up for fundraising, from people organising various events to suggestions that this week's gambling money from lotto be put towards helping those sufferting in christchurch. but i've only seen one commenter on a blog suggest that we put up taxes. it would be the most efficient and obvious solution to raise funds for the rebuild and the on-going support of people who have no job and no home.

there's no reason why we can't raise company tax back to 33%, and the top tax rate back to 39%, kicking in at around $80,000. that would raise a significant amount, without causing hardship. and it would be on-going funding, which plenty of people are going to need. as i've said many times before, raising the company tax rate won't harm small business owners, as they are able to transfer profits out to themselves via a shareholder salary, which then gets taxed at individual marginal tax rates.

on another note, i saw donald rumsfeld on letterman today. i could only bear a couple of minutes of it. i honestly can not believe that a war criminal who should be tried for his crimes is, instead being in a courtroom, is doing the round of talkshows promoting his book. just as george w bush did. not only that, but mr rumsfeld gets to continue to promote his awful politics and dismiss the protesters in wisconsin. there is no justice in this world.

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