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The Forum > Article Comments > Government's mature age push fades to grey > Comments

Government's mature age push fades to grey : Comments

By Malcolm King, published 11/6/2013

According to the 2010 Intergenerational Report, the worst-case scenario is that by 2050, government spending will outstrip revenue by 2.75 per cent of GDP.

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Yes Malcolm, but that's only because the Govt., any government, doesn't possess the testicular fortitude, to replace the current convoluted complex tax collection, in its entirety, with an entirely unavoidable expenditure tax.
Which if set at just 4.8%, would raise much more net revenue!
Increasing the tax take would then be as simple as growing the economy, rather than the tax paying population base!
Rhrosty.
Posted by Rhrosty, Tuesday, 11 June 2013 12:44:36 PM
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In recent times it has been confirmed that many Australians are still racist, sexist and homophobic. Thank you for reinforcing that more recently promulgated repugnance: gerontophobia.

Since when has there ever been intergenerational equity? A civil society looks after the sick the marginalized and the frail - so nobody should be alarmist about kids and grandkids paying for those not able to provide for themselves. But to suggest that is inequitable or unsustainable is alarmist garbage.

Now hear this. The overwhelming majority of older Australians will not be like their parents and grandparents and reliant upon welfare - they will be fit and capable of continuing to work and contribute just as much as their kids and (if not more so) well into their 70s and 80s and beyond. If they do end up on welfare it could be because bigots fail to acknowledge their knowledge and skills and deny them the right to provide for themselves.
Posted by SHORT&SHARP, Monday, 17 June 2013 1:57:11 PM
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