The Forum > Article Comments > Labor misses the point and the Liberals just don’t get it > Comments
Labor misses the point and the Liberals just don’t get it : Comments
By John Tomlinson, published 4/5/2006A Basic Income would be a smart economic move, but you won’t see it in the Budget.
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We already here about people complaining about the lack of skilled workers, and I can only see this proposal making the situation worse. To attract people to work, you would have to pay them significant amounts of money just to get them in - and that's just the menial work! Why take on a job you hate if you are being looked after so well by the government? Business costs would increase significantly which would surely damage our international competitiveness?
If a significant portion of the population decides not too work, then where will all the tax come from to pay for these payments? I believe the Australian companies and the rich would flee the country as they would be taxed to the hilt. Then our economy would be totally destroyed.
Maybe I am seeing this proposal from the wrong angle, but I see this proposal as being very bad for our economy. Don't get me wrong, I would love to receive $500++ from the government, but it just doesn't seem sustainable.