1. Income Tax and all other Federal Taxes become invalid.
   
2. No tax on profits, savings, investments,assets or pay cheques.
   
3. No taxes on income, payroll, provisional,property, inheritance, or goods and services.
   
4. No income tax means an instant tangible wage rise for everyone.
   
5. Goods and services will be cheaper without sales tax and import tax.
   
6. No sales or hidden taxes means more in the pocket for those in the Welfare System.
   
7. The method of collecting revenue will be effected by Electronic Transfer Systems (EFT) - the ultimate in efficiency.
   
8. No more time, money and paper wasted on daunting tax laws and complex tax returns.
   
9. Tax collectors will be appointed to more productive and useful positions.
   
10. Accountants employed by businesses, large and small, would be able to use their training and experience in the manner in which it was meant to be used, ie. making business more productive and cost efficient.
    
11. Small businesses will not be hindered by our present time consuming system, and will consequently be encouraged to grow and employ more people.
    
12. Big Multi-National Companies will be required to pay their fair share.
    
13. No tax cheating or tax avoidance necessary or possible.
    
14. It would create a real user pays system.
    
15. Continuous flow of revenue to the National Treasury.
    
16. Our large and expanding national debt will be settled very quickly.
    
17. Australia will become the TAX HAVEN OF THE WORLD
    
18. Australia will indeed be the "Lucky Country".
    
19. It would allow people to save money for retirement, with no penalties.
    
20. Our National Fund Reserves would be rebuilt by the increase in savings deposits, deposits encouraged by the Debit Tax System . At present our reserves are at their lowest since the Great Depression.

Our current outmoded Tax System has proven to be complicated and impracticable to businesses and individuals.
It has many disadvantages:

1. It pushes production out of Australia, creating an imbalance in trade and our increasing overseas debt.
2. It is inequitable and unjust.
   
3. It is costly in time and money.
   
4. It is complicated.
   
5. It destroys incentive.
   
6. It penalises individuals who wish to succeed.
   
7. It is taxing on small business.
   
8. It creates tax avoidance and cheating.