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The Forum > Article Comments > Trickle-down or trickle-up? > Comments

Trickle-down or trickle-up? : Comments

By Mike Pope, published 12/4/2018

Company tax cuts may benefit shareholders and executives rather than other employees, and Australia has sufficient incentives to attract foreign investment already.

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I think the answer is both.
Cant really have one without the other or the system will fail.
You need good policies for money to trickle down from the top and good policies to ensure money is injected at the bottom.
Tax reform at the top, it's a travesty individuals are taxed massively but companies aren't taxed at all.
I propose a 5% component which must be paid as tax by all companies regardless of minimisation strategies.

Second Welfare reform.
Double dole for full-time work paid daily doing thing help the government save money. Why pay $250wk for nothing if you can pay $500 and get a full time worker?
Workers build infrastructure to lower cost of energy and transport and to increase job and business opportunities in the private sector.

Makes use of the 5% unemployed workers capatalism needs to prevent wage growth, but gives them the job you have when you don't have a job.
Creates culture of employment within ranks of the unemployed, plus reduced costs of training.

Am I really the only person in the damn country who can figure out the basic simplicity of how to fix it?
Posted by Armchair Critic, Friday, 13 April 2018 8:38:35 AM
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AC

*...Double dole for full-time work paid daily doing thing help the government save money. Why pay $250wk for nothing if you can pay $500 and get a full time worker?...*

Remember the old RED scheme?

The unemployed will become bureaucrats. Everyone will aspire to it. Chaos will be the outcome. The cost to the taxpayer will outstrip the benefits and savings expectations.

Secondly, nobody on the dole gets money for jam. There is an obligation to return tit for tat with voluntary work, as it stands.

Most of that voluntary work is digging holes and filling them in again. Maybe at this point there could be a better return for taxpayers, by reorganising the negatives of this towards more productive work.

I'd propose less 457 visa workers, and better use of the potential of the existing unemployed workers.

Stronger requirements for the unemployed to move from dead spots, to places where the work is, and withdrawing dole payments for those who will not comply with that necessity.
Posted by diver dan, Friday, 13 April 2018 9:53:15 AM
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Hi Diver Dan,
On the face value my idea probably does seem undoable, but that's where it all comes down to implementation.
- Looking at all the ways it won't work and finding the solutions to make it foolproof. Alleviate poor planning.
We can't just implement it without prospective jobs, so we need a nation project with up to 500,000 jobs. something that can boost jobs in the private sector long term, and helps with lowering business transport and energy costs (to make business in Aus more competitive and create employment opportunities)
So what I envisage to fill that requirement is new direct route HSR and national highways with strait routes between every capital city including water and power internet, kind of like an Aussie version of China's silk road.. Inc Darwin super ort and solar farms, maybe even Alan Bís thorium...
This will create opportunities to mass train people at lower cost, and we'll have to implement a kind of technical backbone to make it work. Resumes need to be updated to digital resumes that include recognised skills, that gives access to different jobs in the system, and logging in and accessing a job shift..
I also envisage training for individual job shifts via app.
The problem with current arrangements is job seekers have to dig holes and fill them and it really doesn't help anyone.
Posted by Armchair Critic, Saturday, 14 April 2018 9:14:25 PM
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If I have to train 10000 unemployed to drive mini buses to go pick up all the other unemployed that's what I'll do, If I need an army making sandwiches and an army assembling dongas and armies land clearing or mass training to use heavy equipment that's what I'll do. If some have to install solar panels on sun farms or even clean up old mines sites for sand and rock raw materials that's what I'll do.
When you participate you also earn training credits like loyalty points to spend on skills.
If I have to offer non violent prisoners half off their sentences for participation and turn liabilities into assets across the board that's what I'll do.
And the whole purpose of this is to ensure that the people at the bottom of the pile have access to money, a way to get it and inject it at the bottom, whilst lowering the cost of training and getting better value for our investment in training as well as keeping people busy and doing something useful, making it easier for people to succeed, it makes it harder for them to get in a rut or downward spiral, of bad circumstances or choices and fail.
It'll create a culture of employment within the unemployed, but it can be more too, connect with charities and make it skills oriented it becomes a kind of social club where you work and learn to make smart choices and get ahead.
Do you have any idea how much the government throws away?
Right now they will give you a voucher for $100/$150 or so for work boots - retail then they pay an external provider $80/$100 for a white card they could easily develop an online app themselves.
Why not buy all the boots wholesale?
They throw away millions...
The simplest ideas.. if you expand on these two things to get a grasp of the extent of inefficiency...

And this provides other benefits/savings like training for indigenous, preventing family breakups when a bloke can't find work, ethnic diversity..

What was the RED scheme?
Posted by Armchair Critic, Saturday, 14 April 2018 10:20:38 PM
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