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The Forum > General Discussion > Increase GST?

Increase GST?

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Now let me see if I’ve got this right Belly,

We had a huge Tax Reform Review from Ken Henry, yes?

It was comprehensive; broad based and considered all sources of taxable income right across the entire economy, yes?

The ALP government “bottled it” and instead started picking away at “populist” bits of it like the ill fated mining tax, yes?

The ALP government then continued spending more than it earned, much of the money spent, self evidently did not produce a return on investment for the Australian economy, yes?

Now we have yet another deficit rather than the promised surplus, yes?

We also now face structural deficits for many years, yes?

With expenditure exceeding income at a time when global markets are shrinking, the opportunity to return to surplus any time soon is also limited, yes?

The “Goose” who wrought this mess is our illustrious Treasurer, yes?

Now the last bastion of fiscal common sense (sic), The Financial Review, is now bagging out the “Goose” for not pushing for GST reforms to shore up that last fragments of ALP fiscal mismanagement, yes?

Now I wonder Belly, why do you think the Goose is not pushing a GST reform?
Posted by spindoc, Monday, 29 April 2013 8:31:50 AM
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http://theconversation.com/meaningful-tax-reform-only-if-everything-is-on-the-table-13575
Indy your last post took leaps and bounds in its effort to get away from reality.
SPIN doc more no,s than yes in that post.
But let us both be honest, it will be your party, not mine that introduces higher GST.
Read the three links.
But understand, lead by Gillard, Labor lacked the guts to truly reform tax.
Read if you care to, and others posting here, the three links I have posted, and some of the hundreds a goggle search will bring up.
Malaysia, Japan, India, all include it as a tool.

BUT give thought to this, very many taxes, like the tax on property transfers, could be rolled up and burnt after GST took the place of so very many.
Now SPIN doctor, well named, how can you hurl insults at me, and Labor knowing as you must, it is your side who will bring it in.
Can we debate the benefits and problems without SPIN?
Posted by Belly, Monday, 29 April 2013 2:10:50 PM
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"Urgent and Grave"

http://www.abc.net.au/news/2013-04-29/gillard-flags-spending-cuts-tax-hikes/4657712
Posted by Poirot, Monday, 29 April 2013 2:32:13 PM
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after the last 5 years of economic vandalism anything possible. Thanks Greens/Labour for your total irresponsibility. Rudd claimed to be an economic conservative. So many will still vote Labour/Greens. What does that tell you?
Posted by runner, Monday, 29 April 2013 4:36:23 PM
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Indy your last post took leaps and bounds in its effort to get away from reality.
Belly, Belly, Belly,
If you think that my push for change is not a valid one then you'd better go & talk to those people I work & talk with. They're normal folk with real jobs in a real environment. They all agree with me, they're starting to see what's going on. The bureaucrats don't agree openly but deep down they know their days are numbered & their bandwagon is screeching to a halt.
Posted by individual, Monday, 29 April 2013 8:20:36 PM
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Thanks for that link Poirot.

Well, there you have it; Labor has just admitted that it completely can’t handle the budgetary task.

Why couldn’t they have recognised the variables, and organised a conservative budget based on the lower end of potential returns?

Then if it had come in ahead of predictions, it would be seen favourably or if it had come in close to the predicted level, they’d also be viewed favourably, because they got the calculations somewhere near right.

But they had to make it seem as rosy as possible, and then just hope that economic and financial trends that existed at the time didn’t trend downwards…. which some of them were bound to do.

They set themselves up for this situation!

Having far lower income than predicted is just hopeless!

Damn pity Abbott’s mob just doesn’t look one iota more capable!
Posted by Ludwig, Monday, 29 April 2013 8:49:42 PM
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