• Buy Books On Gold
  • 0 items$0.00

Times of Gold

People build civilizations; governments destroy them.

Phil Barton
Philip Barton, Author
  • Buy Books on Gold
  • Reviews
  • Article Archives
  • Links
  • Contact

Australia Down the Plughole

December 16, 2017 By Philip Barton

Saturday

I wrote the following in response to a letter from a good friend inviting me, again, to invest in a start-up in Canada.  It seemed like a good deal.  I had fobbed him off before by saying that my cash flow was bad.  He wrote back gently pressing me, which led to the following.  On reflection, I decided that it was worth putting up on the blog as a statement of just how bad Australia has become…

Hi ****, here’s the honest truth.  I’ve been turning down investment opportunities for ages now simply because I cannot bear the tax papers that I then become responsible for filling out.  I am a shareholder and/or director of five companies and the paperwork is just ridiculously unpleasant.

Isn’t that crazy?  It’s not the taxation that is stopping business, but the compliance/nuisance events that accompany it.

I am focused on a plan to make a bundle next year.  I will set aside a plentiful amount to last me out (in gold of course), distribute the rest to my children and then sell or close down the companies.

Then I will finally be free of the odiousness of governments.  I will not start another business while resident in Australia.  I’m not retiring; I’m going on strike.

Filed Under: Philip Barton Tagged With: Australia, cash flow, companies, compliance, director, gold, governments, shareholder, taxation

Archives by Date

Books on Gold

  • Dawn of Gold by Philip Barton Dawn of Gold by Philip Barton (eBook Instant Download) $9.95
  • Gold Basics by Philip Barton Gold Basics by Philip Barton (eBook Instant Download) $4.95
  • Dawn of Gold and Gold Basics by Philip Barton (2 eBooks Instant Download) $10.95
  • Dawn of Gold by Philip Barton Dawn of Gold by Philip Barton (Hardcopy) $36.95

Categories

  • Authors
    • Philip Barton
  • Other News

Copyright © 2023 - All content owned by Times of Gold. Website created and managed by Claire de Jong, Website Designer & Developer.