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Nourishing all : Comments
By Lin Hatfield Dodds, published 15/11/2013Lifting tax as a share of GDP to at least the 23.7 per cent level of 2007, up from around 20 per cent in 2010-11, would better enable us to pay for what we value.
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This is simply a lie. Statistics show that the poor in Australia are better off each year. Increasing inequality -- if it IS increasing, which is doubtful -- has nothing to do with absolute wealth. If everyone's real wealth doubled tomorrow, so would inequality -- would that be a reason to object to it?
My view is that some inequality is a necessary driver for economic growth to occur at all. Just how much, of course, is a reasonable matter for debate; but the knee-jerk leftist reaction that says 'Inequality BAD!' is responsible for some of the most daft and destructive political decisions ever made.