Well,I've said a lot on this topic in the past.We need a serious overhall of waste in the Public Service.Over the next 15yrs the Federal Govt must find $130 billion to pay for retiring Public servants.Why wasn't this money put aside over the last 35yrs so it wouldn't be such a burden now?This averages out at $1 million per retiree.Now we have all the State and Council Public Servants to pay out.This is one of the reasons why they have to sell Telstra.

We have no choice,there must be tax and welfare reform,but have they considered also Govt and Public Service reform also to stop the wanton waste,duplication,red tape and other burdens on business?

This NSW Govt has really lost the plot.It is not only taxes but rules ,regulation,industrial relations,workers comp etc.It is actually destroying business activity.NSW makes up 40% of the Aust economy,and if we go under,so does the rest of the country.

I wish Malcolm well since the task seems impossible.It seems to me that Govt as always, will react too late.

Who pays for better environment standards?
A richer country has a better chance of doing that, provided it is not taken from the environment by the public wanting higher personal consumption, as happens in Australia.

I do agree, make a “free” social benefit available, and people soon regard it a “right”
They then start demanding more or want to restrict those that pay much more tax from receiving those benefits.

They then complain about this group getting much higher incomes they have achieved to support them selves and the higher tax they have to pay.

Negative gearing is just being able to claim a proper business expense as a tax deduction. The higher the tax rates, the greater the attraction for people to purchase a long term capital gains, with a short term loss. Let’s look at the tax rates to stop it then.

A tax and welfare system, that is as complex as ours, must be based on some mayor “flaws”.

Flaws need more regulation to cover them up, which need more flaws to cover them up, and so it goes.

The GST has some major flaws;
• To many exemptions
• Included in the CPI.

Reduce the exemptions, and it will take much less time and regulation, lowering cost while raising more tax. Difference to most people would be not a lot as you would be paying a “lower price” plus tax.

Having it included in the inflation means that the domestic regulated labour market actually ends up getting a pay rise equal to the tax.
Inflation and wages trends are running parallel, strongly suggesting that they have received incoming funds equal to the outgoing GST tax.

I ask how system like that work can.

Remember the GST was finally going to fix the TAX system?

The truth is that fixing the TAX system is far easier then politician are willing to admit to. After all, if they were representing us they did not need 9 years to talk about it and end up –despite the GST- to make it worse.

No good to blame people getting older as becoming a liability. After all, they paid their taxes for old age!

Lets have a look at politicians; They spend 12 years in Parliament and have the rest of their life superannuation, even if leaving Parliament at age 30!
Now, their payments are a lot more then that of the average pensioner. Just that Federal Politicians actually haven’t got any constitutional entitlement to their form of superannuation! After all, they are only allowed to get an “allowance” for the time they are called away from their normal daily job to attend to the parliament, as a compensation for lost income. Actually, the Governor-General neither is entitled to the superannuation arrangement, or for that past Governor-General’s or any federal minister of the Crown, as they were/are employed by the Monarch (the Queen) and it is the Monarch who is to pay their superannuation, if the Monarch desires to do so!

You see, we could save a lot of taxes being collected, just by doing things appropriately within constitutional limits!

Now, if you consider matters what is appropriately constitutionally, and get rid of all unconstitutional Federal parliamentarians superanuation payouts, then we may save billions!

See also my website http://www.schorel-hlavka.com for more constitutional issues. (Just it takes time to download the page because of the volume of material on it.)

It doesn’t matter which political party is in power they all push the same con-job argument to make it better for us, just that in the end they rob us more then the one before!