
Re: didja also know - NUP :-) - but that really is bizzare
In Aust they have two taxes they charge us (well them now that I'm an expat) - one tax is for depositing money & the other tax is for withdrawing money -
the names are the FID & BAD taxes.
(I think one is a state tax & the other federal - WADE help !)
I despise govts that tax citizens as much as the current NSW & Aust govts do.
In Aust you have
Death duties
Capital Gains tax
BAD & FID tax
GST tax
Payroll tax
Company tax
Petrol tax
Road Tax
State Housing Stamp Duty ( a monumental rip off of unbelievable proportions)
The thing that sent me out of the country was that they tax the interest your savings on which you have already paid tax & thus discourage in a well - smallish way, saving large sums of money.
God forbid it, but Australia is getting like California. (grin)
Doug Marker