There is a growing awareness that our conservative government’s policy needs a little work or is that a massive understatement? The Sydney Morning Herald listed just a few policies that it had no problem in describing as “Bad Policies“. The article (in the link aforementioned) doesn’t touch on the one cause and two reasons for […]
Taxes
Population Ponzi Scheme
Is Australia facing a crisis of overpopulation and do we have enough resources to continue to expand our numbers by bringing in more immigrants into our country? Should we persist in growing our population, allowing immigration, consuming limited resources or close our borders, therefore, limiting population growth and over-consumption? Or is there something else at […]
Negative Gearing
Private debt in Australia has escalated beyond the $2 Trillion mark shooting past Australia’s GDP of $1.6 Trillion by 123%. Housing affordability is reaching crisis levels driven beyond the budgets of many Australians, by negative gearing and capital gains concessions. In fact, we have just bypassed Denmark (the previous first placeholder) to hold the prize for […]
James J. Morrison W.G. Dupree / Budget, Politicians, Taxes / 1
Tax Cuttings
Tax bills are perceived, by many wealthy entrepreneurs, as the slicing guillotine blade of government. Ever since the French introduced Madame la Guillotine’s blade as their historical precedent for resolving differences with the wealthy upper class, the wealthy 1% have been understandably nervous. Anything that separates them from their beloved wealth irks them mightily. They […]
No taxes here please!
The government’s unwillingness to look at revenue building for the country via any method that involves they that have more capacity is quite obsessive. The decision not to proceed with tax investigation into the evasion of tax by so many large companies was a written part of the LNP Government’s budgetary papers! (Pg 117 of […]