of the 1%, by the 1%, for the 1%, page-12

Kingpins,

I would say Hong Kong, Singapore and Taiwan have more open countries than Australia to name a few. Australia has a protectionist agricultural policy (under the guise of quarantine) and imposes import taxes on cars and some textiles (the latter I think still exist).

A tax on imports makes my car, TV, Fridge, Shoes Cloths more expensive, which is a tax by stealth. And subsidising manufacturers? Where does the money come from to do that - me as a taxpayer.

So your argument for lowering tax is inconsistent with your argument for subsidising manufacturers.

On tax I agree there are some expenditures we should cut so that we can reduce income tax:

- Private Health Insurance Rebate
- Superannuation concessions for rich people
- Baby bonus
- Child Care payments for rich people
- Subsidies for private schools

Get rid of that lot and there will be some decent tax cuts available.