The Forum > General Discussion > Sustainable Welfare
Sustainable Welfare
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I think there is a lot more we need to know to ascertain the true lie of the land.
What I think is certainly unsustainable is keeping the 7 tax cuts delivered by the Howard government and the further 2 tax cuts given by the Rudd/Gillard governments. A long while ago we decided as a nation that we would be a workable welfare state. Pensions, Medicare, parenting payments etc were all part of what we considered necessary for a humane and just society. This obviously comes at a cost but we appeared prepared to pay for it.
Now we seem to be seeing a lot more 'I'm alright Jack so stuff you'. Those with large superannuation stocks can't see why their earnings shouldn't be taxed to support those who never had the means nor opportunity to accumulate such wealth. Superannuation companies now such literally billions of dollars out of our economy in fees and commission, monies that use to go into the common weal to support our aged into their retirement.
Remember the promises of Super. It was to fix the perceived shortfall in revenue required to look after our aged. The question we should be asking is why on earth hasn't it?
We have allowed big financial corporations to change the way we talk about welfare. Perhaps we need to own the conversation once again.