Monday, July 31, 2006



MICHAEL D'ASCENZO: I think people misunderstand what compliance is all about. People talk about collection being the amount of money we go out and collect from people.
The whole art of tax administration is trying to create an environment where people voluntarily comply. So the fact that you are out there providing a real deterrence is all about trying to ensure that you don't have to catch anybody out. It's all about trying to get people to pay up. What those collection figures don't disclose is the higher level of voluntary compliance by that segment.
Transcript of Tax Commissioner Michael D’Ascenzo interviewed by Alan Kohler on ABC’s Inside Business program – Sunday 2 July 2006      

Take the legislative map out of the politicians' hands and give it to an independent panel. Draw the line on redistricting mischief

Eye on Politics & Law Lords: Our Federal Future
Is there a new political breeze wafting across this nation with the federalism remarks from Treasurer Peter Costello? He is the first high-profile politician to speak against the present three-tiered governance system we have had for more than a century. 

Let's cut to the chase: Peter Costello wants to abolish the states. Taken to its logical conclusion, that's what the federal Treasurer is really suggesting when he says the national Government should control taxation and that the states are turning inevitably into service deliverers for Canberra


The states as Commonwealth branch offices? It's a debate we have to have [Wealthy and wise: Jacob Weisberg on Warren Buffett's lesson to the rich. Warren Buffett gave his fortune to Bill Gates; Note to the New Treasury Secretary: It's Time to Raise Taxes]
• · "Culture of corruption" is real: Norman Ornstein on how much of Congress's behavior these days is unethical and repugnant. "Culture of Corruption" Is Real ; Diminutive, charisma-free liberal billionaire Michael Bloomberg plots his path to the White House. Michael Bloomberg
• · · The best management theory might simply be to take your own advice. Is It All Hooey?; ECONOMISTS are in almost universal agreement that Americans save too little, and several policies have been proposed with the goal of encouraging them to save more. Looking for the Incentives That Will Prompt Americans to Save More
• · · · A look at why high earners work longer hours. Expanding Workweek? ; Hampered by His Own Irony,
Bing Misses a Fat Target Resume Writers 100 Bullshit Jobs...And How to Get Them
• · · · · James Hardie Industries chief executive Louis Gries has scored a $US1.89 million ($2.54 million) bonus while victims of the company's asbestos products continue to sweat over a longdelayed compensation deal. The annual report for the building materials company, released yesterday, reveals Mr Gries took home a total salary package of $U53.51 million for the year to March 31. Hardies chief's $2.5m pay win ; Presumed innocent politically motivated, retaliatory charges    The important, the ironic and, sometimes, the idiotic from around ...