"Raiderup, another Labor apologist who adds to the political debate by referring to sniffing, pretty well sums up Labor's pathetic performance at present."
The truth hurts pilgrim.
LOL,it would seem the baton has been exchanged in the negative gearing debate,I much appreciate it,Ive been running a marathon on this issue while others have sat idly by.
Something youve chosen to ignore fazz.
You will be pleased to know this will give me more time to concentrate on the forign miners and the taxes they should be paying.
As moon has quoted Eslake on the negative gearing issue have a look what he says about the miners.
SAUL ESLAKE: Well if we're talking specifically of business, the Productivity Commission lists I think in its annual trade and industry assistance review, up to $12 billion of handouts to industries in different forms.
Some of these take the form of tax breaks, including financial concessions that support, for example, superannuation savings to a degree that many analysts think is more than is required to achieve the objective of encouraging higher levels of personal saving for retirement.
There's still quite a significant range of cash support to other industries across the Australian economy, although historically it's been manufacturing and, to a lesser extent agriculture, who've been the largest beneficiaries of this largesse.
ROY GREEN: As Sir Humphrey would have said in 'Yes Minister', "That's very courageous policy." Because if it was followed through consistently, a whole raft of current entitlements would have to be removed - some of those perhaps quite close to the heart of the current Government, including the diesel tax fuel rebate, which is worth about 4 billion a year, superannuation tax concessions, the calls for drought relief on the part of the farmers at the current time would go unheaded.
