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Labor's costings, page-2

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eagle888

46,202 Posts.

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11/05/19

13:45

Post #: 38518675
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Originally posted by Exceller ↑

Labor has handed down it's costings and claims that it will be paid for by taxing the big end of town ie. the companies that don't pay tax in Australia. These loopholes exist under international business law. Labor will not be able to change this
https://www.etax.com.au/tax-loopholes/
So their budget figures immediately don't stack up.

Secondly, Labor did not release the total cost to our economy of the move to 50% renewables by 2030. So we do not know how much higher our bills will be, how many more blackouts, lost production, and how many more manufacturers will go overseas. We also don't know how much more everything will rise as energy becomes dearer.

These two points will create a massive financial black hole - not the larger surplus than Liberal that Labor are claiming.

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No Opposition has ever produced costings as comprehensive as that provided by Labor and well before the election.

The costings were done through the Parliamentary Budget Office and also independently audited.

Even The Australian is acknowledging that submitting the costings as promised indicates that Shorten Labor are ready to govern.

I realise that doesn’t suit you Exceller but full marks for continuing to beat your partisan drum against the odds.
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