Re Introduction of the Despicable rotting Carbon Tax by the BILL...

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    Re Introduction of the Despicable rotting Carbon Tax by the BILL SHORTEN is Confirmed !


    Labor to reintroduce carbon tax and mining tax

    Posted on 10:45 am, January 27, 2015 by Judith Sloan


    Thanks for the heads-up from Andrew Leigh MP, formerly known as Professor Andrew Leigh.


    Now Shadow Assistant Treasurer, he has announced that the carbon tax and the mining tax were such good ideas that an elected Labor government will reintroduce them.


    Hard to see the mining tax raising any revenue, but what the heck!

    Labor really likes having these things on the books and impose high compliance costs on companies to ascertain that no tax is payable. But the real benefit is to imagine revenues over the forward estimates, spend it and then cry … OOPs, the revenue never materialised. (Ref: Sir Wayne Swan, Manual on Imagining Budget Surpluses).

    I think A Leigh must have already memorised that manual by heart because he mentions the imaginary $80 billion in cuts to education and health (his party’s unfunded spending over the horizon of the forward estimates – just keep repeating the figure and someone might believe you and tell PR company to include in election ads); scorns at unachieved savings because his party has blocked them in the Senate; and includes savings that haven’t even been put to the Senate.

    And as for his bleatings about the Coalition’s failure to clamp down on multinational companies and to force them to pay more tax in Australia, Sir Wayne left this area in a terrible muddle, all unlegislated. And Leigh knows this.
    The proposed thin-cap rules were unworkable and would have had diabolical effects on Australian companies – good one, Swannie. And then proposed next step was completely unimplementable. And then Leigh bleats on about our delay (of one year) in introducing a common reporting regime. Because imposing an additional bill of hundreds of millions on our banks is fine?

    I guess that’s what shadow assistant treasurers do. Bleat on, say things they know not to be true and hope for the best.

    But thanks for the heads-up on Labor reintroducing the carbon tax and the mining tax.

    ALP's Hand Picked Fool for 2015 !

    The article above re the Re Introduction of the Labor Party " CARBON TAX " needs to be spread to every media outlet & Politician in the Country !


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    Time to hit back at the leftist ALP / GREENS

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    G64


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    Last edited by Grant64t: 27/01/15
 
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