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01/02/23
12:06
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Originally posted by mickph:
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Davo, you stated. "Might i suggest governments do not like to stop spending ...". Therein lies the problem. As I stated, the current tax take in Australia, is the largest of all time. Yet it is still not enough to meet increased Government spending. Federally we are looking down the barrel of a TRILLION dollars in debt. In Victoria it is $167 Billion and expected to top at $250 Billion. More than Queensland, NSW and Tasmania combined. That is if we can get rid of Andrews. 20 years ago we were debt free. Thank you Peter Costello. Bring in your property taxes and Socialist Governments will just take it and spend more. Equate that Socialist spending to Drugs, Alcohol and Gambling. Addicts one and all. It would not matter a tinkers toss how much they tax, they just have to break the bank with their ever increased spend. The voting suckers like all this free stuff. They haven't worked it out yet, but they will be on the hook one day.
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I think Albo and his team are working very hard on addressing the nation's problems as well as getting bang for their buck. Whereas the last government were big spenders on the big end of town with their trickle down economics, which did not trickle. So Albo will have to spend to manage the disaster that the voters recognize Labor was left with.