The Forum > Article Comments > Tax cuts and increased spending don't add up > Comments
Tax cuts and increased spending don't add up : Comments
By Tristan Ewins, published 23/11/2006Kim Beazley's proposed tax cuts throw nation building ambitions into question.
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Sheltered workshops for the incompetent, through institutions which lack any accountability or commercial transparency. A bunch of bureaucrats holding court over public funds and paying off their mates behind closed doors. I could go on but it only gets worse, like the collapse of Tri-Continental and the 3 billion dollar loss courtesy, the Kirner government.
$1000 for every man woman and child in Victoria, at the time.
I would not waste money like that but then, I was not given a choice.
I would not give a transport company a dollar either, I suggest you read my posts on the public transport thread -
http://forum.onlineopinion.com.au/thread.asp?article=5052
I do not support subsidizing anyone’s ride to work and never protestors rides to rallies against the work place laws.
Transport companies thrive or fail on their commercial merits, not by sucking the financial marrow out of the rest of us.
“Company tax is so low that the amount of tax before dividends are paid is scandalously low”
What level does “Scandalously“ start at?
What level of tax is “acceptable” and what level is “virtuous”?
Applying “emotion” to tax is stupid. “Tax” is an unavoidable evil. It is there because governments need to fund the basic services, police, security etc.
Tax is not something which can be described as morally “desirable” or “scandalous”; except by those who believe that we individuals, who elect parliamentarians, are incapable of deciding how we should spend our own incomes.
Of course, government monopoly businesses are so inefficient that they cannot generate a profit, so would not qualify to pay tax anyway, except water services.
The Brack’s government has sucked $100 million per year out of the water rates paid by Melbourne water users as a “special dividend” instead of the water companies (check the accounts, public record) being allowed to use those funds to build the infrastructure which you are now claim is not being undertaken. That has the stench of socialist humbug and hypocrisy to me.
Tomorrow – My Future fund and I want a better risk and return profile than a “sheltered workshop for unionists”.