Day 9 of a broken promise

This entry was posted in 2013 election, Budget, Taxation. Bookmark the permalink.

129 Responses to Day 9 of a broken promise

  1. AndrewWA

    The tax makes no sense and seems to be little more than a thought bubble.

    Why tax those people who gained no benefit from the waste/largesse/handouts under 6 years of Labor??

    e.g. My house was already insulated, already had a solar hot water service, already had a flat screen TV and I paid for all of it myself.

    The entitlement mentality or “just make bug business pay more” viewpoints are equally as crazy.

    Just balance the budget people!! Expenditure should be balanced with income as close as possible. Debt should be used to build infrastructure and capital works not to cover operating expenditure commitments.

  2. Infidel Tiger

    Nice work.

    No retreat , no surrender.

  3. Fisky

    I just read that the Abbott gang are “back-tracking” and now going to apply the levy on 150K plus earners. This will bring in practically no revenue at all, but symbolically punish the “rich”. Fuckers. Vote them out.

  4. tomix

    “Do you think there’ll ever be a revolution?”

    If there ever is, you’ll be guest of honour at a hangi in the first five minutes, you fat idiot.

  5. Driftforge

    There has been before

    Not in Australia, not a successful one anyway.

  6. A Lurker

    Vote them out.

    By all means vote them out, but it will be a case of cutting off your nose to spite your own face. All politicians are tossers (and I lump the LDP in with them, because in time, they all go rotten, even the ones you hold out the most hope for). You just have to think, who are the least rotten – but putting Labor back in over a fit of pique is crazy talk and will destroy Australia and our economy and our freedoms faster than the LNP could ever do it.

    The best way to take revenge on dishonest House of Reps politicians is to create a censorious Senate – a pro-Australia, pro-Freedom, pro-Democracy Senate that will stifle bad legislation, and pass good legislation. We don’t have that at the moment because Labor and the Greens are anti-Australia, Freedom and Democracy and are stifling all legislation both good and bad simply because it comes from the Coalition. We need the Coalition to remain in, but we need a better Senate. That is where idiotic thought bubbles go to die.

  7. AP

    How dare those socialist pricks infer that BHPB “isn’t paying their fair share”. According to the P&L for last year, BHPB’s effective tax rate was close to 40%.

  8. Hendrix

    They appear to be backtracking and are now flagging that the deficit levy would only apply to those on 150k +. Hopefully only for a day or two to get all Labor and greens politicians on the record as opposing any new taxes on the “wealthy”, then they scrap the idea altogether and cut, cut, cut.

    And to anyone who thinks that this is about the “wealthy” whingeing about “sharing the pain”, I wouldn’t have even made the cut for the $80,000 cutoff. I just see that this is bad politics and even worse economics.

  9. Blogstrop

    Janet Albrechtsen:

    Every cut to spending will unleash sustained and highly emotional protests testing the resolve of voters and Abbott government MPs. The task of Hockey and the Prime Minister is a herculean one. They confront not just the problem of concentrated benefits and diffuse costs, but also the wider problem of cutting widespread benefits where everyone feels some pain.

    This is where the real fight will take place.

    I expect no outrage here if promises about expenditure are broken.

  10. sabrina

    All politicians are tossers (and I lump the LDP in with them, because in time, they all go rotten

    I sincerely hope it does not happen; but given the transformation of some in the major parties, you may be right.

    While on this, I wonder who are the Economists advising Hockey and Abbott. Are they all from the treasury? Does anyone know? I doubt that H & T have the capacities to take sensible economic decisions.

  11. lem

    We need the Coalition to remain in, but we need a better Senate. That is where idiotic thought bubbles go to die.

    This is precisely why keeping the deadshit coalition in the house of reps and giving the LDP the ability to block stupid laws like increasing tax,in the senate, is currently the only way libertarians can realistically expect to defend the people from lunacy.

  12. egg_

    The only hope is a reformist ALP Govt, sorry Rustedons Max.

  13. “Do you think there will be a revolution?”

    Why, are your fellow travellers planning one if your funding is cut off?

    So to maintain ‘calm’ we have to pay the mob not to take it by force.

    Old ‘Snocone Tone’ had his own little one the other night.

  14. Token

    That sequence of daft inane questions really does underline why no one really needs to watch Da Project.

    With the quick way they were fired off by the presenters, and for the quick and hard stop it is clear they were all prepared in advance.

  15. Rabz

    I wonder who are the Economists advising Hockey and Abbott

    Koukoulas, Easlake and the Megalosourus. The Krugtron also phones in occasionally.

    You heard it here first, peoples.

  16. Rabz

    That sequence of daft inane questions really does underline why no one really needs to watch Da Project.

    Tokes – I’m proud to say that is the first time I have ever subjected myself to Da Project. Hopefully, it’s also the last.

  17. Mr Excitement

    Those wankers on The Panel are in possession of the relevant facts but interpret them in their own twisted way.
    IPA idiot says that this tax will pull money from the economy. Surely this is true of all taxes, yet they love the tax (and borrow) and spend ALP.
    Fat slag thinks it is absurd to give Carbon Tax compensation after said tax is abolished. Is it not absurd to tax something so that people can afford to use less of it, and then compensate them for the increased cost in the first place.
    Dickhead Hellier feels cutting spending would be a more sensible option than raising taxes. No argument from me, but watch him and his cohort scream the moment any cuts to spending are made. Gonski and NDIS, I’m looking at you.
    How clearly they see things through their rose coloured glasses.

  18. Combine_Dave

    I expect no outrage here if promises about expenditure are broken

    Yes, I will be very upset when all and sundry lose their sit down money.

  19. whyisitso

    By all means vote them out, but it will be a case of cutting off your nose to spite your own face. All politicians are tossers (and I lump the LDP in with them, because in time, they all go rotten, even the ones you hold out the most hope for). You just have to think, who are the least rotten – but putting Labor back in over a fit of pique is crazy talk and will destroy Australia and our economy and our freedoms faster than the LNP could ever do it.

    The best way to take revenge on dishonest House of Reps politicians is to create a censorious Senate – a pro-Australia, pro-Freedom, pro-Democracy Senate that will stifle bad legislation, and pass good legislation. We don’t have that at the moment because Labor and the Greens are anti-Australia, Freedom and Democracy and are stifling all legislation both good and bad simply because it comes from the Coalition. We need the Coalition to remain in, but we need a better Senate. That is where idiotic thought bubbles go to die.

    Well said, Lurker. Sinclair Davidson is just a juvenile goose.

  20. Andrew

    How dare those socialist pricks infer that BHPB “isn’t paying their fair share”. According to the P&L for last year, BHPB’s effective tax rate was close to 40%.

    Can hardly blame the low info voters when the Goose’s corrupt Treasury told him exactly that. And BHP’s tax rate IS low – if defined on a “nil deductions” basis like the commie academics who wrote the notorious paper.

  21. egg_

    The best way to take revenge on dishonest House of Reps politicians is to create a censorious Senate – a pro-Australia, pro-Freedom, pro-Democracy Senate that will stifle bad legislation, and pass good legislation. We don’t have that at the moment because Labor and the Greens are anti-Australia, Freedom and Democracy and are stifling all legislation both good and bad simply because it comes from the Coalition. We need the Coalition to remain in, but we need a better Senate. That is where idiotic thought bubbles go to die.

    Leadership comes from the lower house, anything else is impotency.

  22. Token

    I expect no outrage here if promises about expenditure are broken

    I will assume you are genuinely ignorant when making such a silly statement.

    Increasing taxes on the quartile that currently pays most of the income tax will not resolve the fiscal crisis the Liars Party & Green-filth inflicted upon the country. The only result will be harming economic activity and increasing the incentives to minimise tax & reduce productive hours. Further, the tax raised will not fix the systemic problem.

    Reducing unnecessary expenditure on the Green-filth projects like the Carbin Tax, Mining Tax, wind farms subsidies, solar subsidies, Green Loans, and reducing corporate welfare to companies which are going to fall over, helps the economy & improves the budget. Cutting unnecessary welfare plans like Maternity Leave and scaling back Wrongsky & NDIS to achieve real targets will result in big benefits.

    Fact is, breaking the spending promises will resolve the core issue. Raising taxes will just do more harm.

  23. Lem

    Leadership comes from the lower house, anything else is impotency.

    The trouble is when the likes of Abbott are charging down blind ended ravines, you’re being led nowhere except maybe into an ambush by the left.

    I repeat, electing more LDP candidates to the senate is the only way to defend freedom loving people. At the moment.

  24. egg_

    except maybe into an ambush by the left.

    The only logical solution, ‘fraid.

  25. Lem

    The only logical solution, ‘fraid

    Thanks for that Egg, I will ignore your further comments as potentially time wasting.

  26. Fleeced

    Libs don’t lead, they appease (or try to). So put some more LDP’ers in the senate, and make them appease the right people for a change.

  27. Leadership comes from the lower house, anything else is impotency

    No, representation comes from the lower house, not leadership. We don’t have a house of government that selects on leadership, capacity, or ability.

    It does kind of show.

  28. egg_

    Thanks for that Egg, I will ignore your further comments as potentially time wasting.

    Ideology meets reality; see you in the Spring.

  29. egg_

    No, representation comes from the lower house, not leadership. We don’t have a house of government that selects on leadership, capacity, or ability.

    The PM is from the upper house?
    Qld has no upper house.

  30. rickw

    I just read that the Abbott gang are “back-tracking” and now going to apply the levy on 150K plus earners. This will bring in practically no revenue at all, but symbolically punish the “rich”. Fuckers. Vote them out.

    Absolutely, I will not only vote the fuckers out, I currently work overseas and am only a resident for the tax purposes.

    Well fuckers, you’re not going to get my $170k+ in tax either, if they go ahead, I will pay the tax where I work so they will get a big fat $0 in tax from me, after their hike, it would also save me money.

    I would also suspect that a proportion in the $150k bracket would have similar alternatives at their disposal. The Stupid Assholes might easily see a drop in tax revenue from their hike!

  31. Dan

    In happier news I have worked out how I will legimitately reduce my tax bill by the amount equal to the new tax.

  32. Lem

    In happier news I have worked out how I will legimitately reduce my tax bill by the amount equal to the new tax.

    Pray, tell.

  33. Dan

    Even without trying to create ‘free’ money by income splitting etc you can
    -bring forward self-education expenses (I’m studying a work-related degree that is also a topic of personal interest)
    - max out super contributions both personal and arms-length commercial transactions
    -bring forward depreciable work on investment property
    - etc

  34. Dan

    Sorry not “you can” but “I am”… I’m not qualified to give investment advice so please disregard everything I am saying

  35. Senile Old Guy

    Those who were celebrating yesterday should pause. On the radio this am, reports Abbott is still talking about fair share.

  36. Lem

    That’s all good Dan, but you could still do those things and not pay the levy.

  37. Lem

    Abbott is still talking about fair share.

    Well, I hope they invested the donations they got last term wisely, because I can sense that source of revenue will be drying up.

  38. Dan

    Leo that’s true but I’m hoping no doubt in vain that this will be temporary and bringing forward these things at the expense of a little short term cash flow will balance things out in the end.

  39. Mr Rusty

    “Do you think there’ll ever be a revolution?”

    Berg should have pointed out that the closest Australia came to one was when the Government imposed stupid taxes and restrictions on workers.

  40. Dan

    Oh and of course a modest donation to the local Labor member, who is an acquaintance of mine but who I wouldn’t generally vote for (cc: local Liberal member). Or maybe LDP instead.

  41. Lem

    I am in the school of thought that there is no such thing as a temporary tax. Look, if the patient is haemorrhaging the correct treatment is to stop the bleeding, not keep pouring blood in. No Levy, cut expenditure. It can be done.

  42. Dan

    Rubbish Lem there are plenty of temporary taxes. Income tax is probably the best example, introduced for WW1

  43. Econocrat

    “Vote Liberal, get Greens policies.”

    It looks to be locked in now. It’s only taken the socialists in Treasury six months to break this spineless government.

  44. Lem

    Rubbish Lem there are plenty of temporary taxes. Income tax is probably the best example, introduced for WW1

    :)

  45. Lem

    Just now in the Oz, from my local member (you go, girl):

    VETERAN Liberal MP Teresa Gambaro has attacked the government’s mooted deficit levy as “a breach of a promise” that will have “devastating impacts on the economy”, as the Business Council of Australia cautioned against sending “unpredictable tax signals” to foreign investors.

    BCA president Jennifer Westacott this morning also criticised the buying of access to politicians through political donations and attacked the audit commission’s proposal to slash the minimum wage as a “too severe and too harsh” assault on “a very important social safety net”.

    A senior Liberal has cautioned Ms Gambaro against any further “pre-emptive” budget comment after she this morning joined a growing Liberal revolt against the proposed income tax increase on higher earners.

    “I don’t see that there has been a case made for a debt levy and I would see it as a breach of a promise,” Ms Gambaro, a former Howard government assistant minister who holds Queensland’s highest-earning electorate, told News Corp.

    “It will have devastating impacts on the economy and people’s confidence. We went to the Australian people with the promise of being a government of no surprises.

    “Playing political games of what is and what may be in the budget is a breach of trust and doesn’t provide people with the certainty that they need.”

    Other prominent Liberals to raise concerns about the proposed levy – which would likely target incomes above at least $150,000 – include former treasurer Peter Costello, backbencher Warren Entsch and conservative senator Cory Bernardi.

    Assistant infrastructure minister Jamie Briggs told Sky News: “I think it would be wise for Teresa to wait until Tuesday to start expressing views on the budget until she’s seen the entire budget.

    “It seems a little pre-emptive for her to be commenting publicly in the media about something she doesn’t know the detail of.”

    Ms Westacott warned the tax increase would curb consumer spending, slowing economic growth, and send “unpredictable tax signals” to foreign investors.

    “If you’re going to do tax changes, you’ve got to do them as part of tax reform. We can’t keep saying we’re going to have a temporary levy every time something can’t be solved through hard political decision-making,” Ms Westacott told ABC Radio.

    “Let’s not keep … sending these unpredictable tax signals. I hear from people overseas ‘we want to see predictability in your tax system; we get very anxious as investors when governments just pluck something out of the air without some kind of proper comprehensive review of the tax system.”

    The audit commission, chaired by then BCA president Tony Shepherd, last week recommended cutting the minimum wage by between about $50 and $124 per week depending on the state and territory in which the worker lives.

    Ms Westacott said: “I have a real problem with the minimum wage recommendations and I think they’re too severe and too harsh.

    “The minimum wage is a very important social safety net and I think if you’re going to look at the minimum wage you have to ask: ‘Is it a barrier to young people and long-term unemployed people entering the workforce?’

    “I think there’s a philosophical sort of view about what sort of society we want to live in.”

    Ms Westacott said it was not right for business people to make campaign contributions in exchange for political access.

    “I think this idea of someone getting money for a meeting … erodes public confidence in our political institutions,” Ms Westacott said.

    The NSW Independent Commission Against Corruption today resumes its investigation of illicit donations to the Liberal Party.

    Joe Hockey is also facing public scrutiny over a fundraising vehicle in his electorate, North Sydney Forum, which accepts donations of up to $22,000 in exchange for meetings with the Treasurer.

    Households in Ms Gambaro’s marginal seat of Brisbane earned a medium weekly income of $2337 in 2011. The highest-earning seats were Malcolm Turnbull’s Wentworth, Joe Hockey’s North Sydney and Julie Bishop’s Curtin.

  46. Lem

    Assistant infrastructure minister Jamie Briggs told Sky News: “I think it would be wise for Teresa to wait until Tuesday to start expressing views on the budget until she’s seen the entire budget.

    “It seems a little pre-emptive for her to be commenting publicly in the media about something she doesn’t know the detail of.”

    Well, that’s a little malevolent Jamie. Soon you’ll be telling people to wear red underpants on their heads.

  47. Dan

    Jamie briggs obviously deserves a few letters too.

  48. .

    Excellent work Professor.

    Don’t listen to hysterical people who think you can be brow beaten into unrighteousness with insults Year 12 schoolgirls hurl at Year 11 boys they secretly long for.

    Frankly I’m shocked that Gamabaro has come out as such a dry. Well done to her.

    Cathy McGowan could not be reached for comments.

  49. Combine_Dave

    I think it would be wise for Teresa to wait until Tuesday to start expressing views on the budget until she’s seen the entire budget.

    What exactly is in the budget that will justify tax hikes?

    Oh… a spendathon? What happened to the audit report, what assets will they sell? What government tax sinkholes will they privatise, outsource of simply shutdown?

  50. egg_

    “Vote Liberal, get Greens policies.”

    It looks to be locked in now. It’s only taken the socialists in Treasury six months to break this spineless government.

    +1

    The Green-Left must be broken from within.

  51. Senile Old Guy

    Bolt is struggling to maintain a coherent argument. He was in favour of, then against, and is now back in favour of the deficit tax.

    A Cabinet meeting today is likely to endorse a proposal to impose the levy for four years from next financial year. But it is likely to be amended to apply only to those earning more than about $150,000 a year.

    But a Reachtel poll suggests Abbott is right to think there’s an anti-rich sentiment than needs a gesture tax:

    A Reachtel opinion poll shows 34.2 per cent of respondents supported a 1 per cent levy on earnings over $80,000 but 59.3 per cent backed a 2 per cent levy on earnings over $180,000.

    Of course, there’s an anti-rich sentiment but imposing a “gesture tax” just sends entirely the wrong signal.

    Rebooting the economy is the Abbott Government’s best hope – and ours, too. So this is good, albeit countered in part by the paid parental leave levy:

    THE Abbott government has cemented a $4 billion company tax cut in next week’s federal budget, despite a renewed search for savings to offset a “deficit tax” that is set to be scaled back or scrapped. Firewalling one of its flagship pledges, the government will proceed with the tax cut for employers as part of a “growth agenda” to counter fears that deep spending cuts will weaken the economy…

    Talk about sending the wrong signals.

  52. Token

    Talk about daft:

    A Reachtel opinion poll shows 34.2 per cent of respondents supported a 1 per cent levy on earnings over $80,000 but 59.3 per cent backed a 2 per cent levy on earnings over $180,000.

    With 34.2% you get the primary vote of Greens with a good percentage of rusted on Labor.

    Great work guys, obviously the treatment of Pybe by the ferals on Q&A was not enough to convince the Labor-Lites that the 34.2% will always obsessively hate them.

  53. Fleeced

    People are saying Tony will be a one-term wonder. Not sure I’d go that far, but he’s certainly wasted at least two term’s worth of political capital… instead of lasting 4 or maybe even 5 terms, he’ll now last 2 or 3. What a waste!

    Even if you’re agnostic on taxation and spending issues, the fact that the Libs campaigned against great big new taxes was clearly a large part of their “brand”. It is just political folly to mess with the brand you successfully built up over the last few years. I haven’t seen a branding clusterfuck like this since New Coke.

    I think that’s what staggers me most about this – it’s not just bad economic policy (which sadly doesn’t surprise me at all), but a Marketing Fail of epic proportions.

  54. Senile Old Guy

    I think that’s what staggers me most about this – it’s not just bad economic policy (which sadly doesn’t surprise me at all), but a Marketing Fail of epic proportions.

    With Andrew Bolt “helping” by calling it a “gesture tax”, thus cementing the fact that it is pointless and designed entirely to defuse some of the anger over the cuts.

  55. Dan

    Well now I am fucking seriously pissed off. Like millions of business owners I don’t run via a company structure eligible for the 30% rate. Does it make any difference anyway when to pull money out you are taxed at your marginal rate (whether as a shareholder or owner operator)? They really are complete morons.
    Like small businesses aren’t subject to the same incentives as incorporated entities.

  56. mark

    You idiots are hilarious. How can you backtrack on something that hasn’t been implemented ? You all assume that the government will do exactly what the media are saying without any real knowledge of what will be presented. The group think on this site is amazing.
    Maybe – just maybe, you all should wait until the budget is presented before venting on the subject.
    I mean -Day 9 of broken promises , what a joke !

  57. Dan

    Mark surely you can understand that letting a story run for weeks without any rebuttal stating effectively that high income earners need to start contributing to the economy, and implying that a 50% marginal tax will help the economy is some kind of problem. Do you think Peter Costello and the IPA are groping around in the dark? Do you think backbench MPs get all their information from the Age? Seriously. The whole process so far has been very destructive even if it doesn’t happen.

  58. Senile Old Guy

    Maybe – just maybe, you all should wait until the budget is presented before venting on the subject.

    Another clueless one wanders by.

    Too f*cking late then. The time to express opinions, and write to MP’s, is now before the budget is locked in stone.

    And you do realise that information is selectively leaked to see what the response is? The media doesn’t just make stuff up. Well, it does but what we are seeing here is trial balloons being sent up to see how they fly.

  59. egg_

    I think that’s what staggers me most about this – it’s not just bad economic policy (which sadly doesn’t surprise me at all), but a Marketing Fail of epic proportions.

    Yup, hence Fisky’s prediction of a 5% swing away from the LNP.
    Post budget, it’s on the cards.

  60. Infidel Tiger

    I didn’t think it possible but I hate Abbott more than Rudd and Gillard combined.

    He has streaked ahead as our worst PM ever and far from being the good bloke I thought he was, he is in fact a complete and utter cnut of a man. I despise him and his immoral party.

  61. egg_

    How can you backtrack on something that hasn’t been implemented ?

    Why float a tax hike 2 weeks pre-Budget?

  62. egg_

    I didn’t think it possible but I hate Abbott more than Rudd and Gillard combined.

    (Softc)Hockey’s not far behind.

  63. Token

    Maybe – just maybe, you all should wait until the budget is presented before venting on the subject.

    Another shuddup & salute the flag type, eh?

    Shorter – wait and most definitely do not shut the gate until after the horse has bolted.

  64. Fleeced

    Maybe – just maybe, you all should wait until the budget is presented before venting on the subject.
    I mean -Day 9 of broken promises , what a joke !

    Mark, you’re a fucking moron. Left to people like you, we’d have this tax – end of story. The only reason it might be diluted is precisely because of the noise being made around it. You are naive in the extreme if you think otherwise.

  65. Lem

    Abbott has just more or less said it. Companies good, high income earners bad.

    Well, Gina only gets one vote, just like me, jug ears, and I am going to do everything in my power to make sure people vote LDP in the upper house next election. So there. And I see a lot of people in my work and have heaps of relatives who suck off my benevolence, so they are willing to follow me.

  66. The problem I see now is that diluting the tax still leaves the basic problem in place.

    Its a new tax.

    Both the rate and the point of introduction are utterly irrelevant.

  67. Michel Lasouris

    Sinc, give it a rest, there’s a good chap. Neither you, nor the Soshialists, the general public, and let’s be honest, most Libs outside the inner sanctum can foretell the content of the Budget papers. The best you can do is speculate, and that’s all you have done so far. So to daily trumpet ” DayX of a Broken Promise ” makes you seem at best a little premature; at worst foolish in the outcome.
    Which would be a pity. ‘cos you do command a lot of respect in most matters. I look forward to next Tuesday as I’m certain that Hockey, Abbott et al will come up with a good solution to the disaster left by Rudd/Gillard/Swan/Wong/ Burke/Bowen; a problem about which we can all surely agree. Notice how many it took to create the composite mess we’re in? And this doesn’t include other sundry half-wits, Conroy, Garrett, Albanese, Plibersek,Roxon…and I could go on…and on.
    Yes I’m anticipating this budget will do much to correct the obscenity of Labor goverment; so much so that if I’m not included in the common endeavours to put it right, I’m prepared to voluntarily contribute what I can from my old-age pension.

  68. Lem

    Abbott is a dickhead. He just does not get it. The only reason people voted for him (that is the important small percentage who swing and actually make the decisions about who governs in this country) is because he said no new taxes. They didn’t do it because he is Mr Charisma. He’s certainly barely articulate. He is completely trashing 7 years of hard work to get people to look at him in a different light.

  69. Dan

    I look forward to next Tuesday as I’m certain that Hockey, Abbott et al will come up with a good solution to the disaster left by Rudd/Gillard/Swan/Wong/ Burke/Bowen;

    Yeah. Their track record is stellar.

  70. .

    mark
    #1295524, posted on May 7, 2014 at 11:31 am
    You idiots are hilarious. How can you backtrack on something that hasn’t been implemented ? You all assume that the government will do exactly what the media are saying without any real knowledge of what will be presented. The group think on this site is amazing.
    Maybe – just maybe, you all should wait until the budget is presented before venting on the subject.
    I mean -Day 9 of broken promises , what a joke !

    Hey champ,

    How are the scabs on your knees going?

    You are such a fucking idiot. This site has been around since 2001 and it has railed against socialism every day of its existence.

    Abbott is a socialist. Hockey is a socialist.

    We don’t like their agenda.

    Now, fuck off.

  71. Econocrat

    While on this, I wonder who are the Economists advising Hockey and Abbott. Are they all from the treasury? Does anyone know? I doubt that H & T have the capacities to take sensible economic decisions.

    I think Costello’s best source of economic advice was his brother in law.

  72. .

    Michel Lasouris
    #1295641, posted on May 7, 2014 at 12:43 pm
    Sinc, give it a rest, there’s a good chap. Neither you, nor the Soshialists

    So Abbott doesn’t know what’s in the budget?

  73. DrBeauGan

    It is painfully clear that the only reason for floating the levy is all about perceptions of left leaning voters and not a moment’s thought has gone into the economic consequences, nor the effect on right leaning voters.
    These people are stupid. I had long suspected it and this establishes the point beyond dispute.

  74. Dr Faustus

    I’m certain that Hockey, Abbott et al will come up with a good solution to the disaster left by Rudd/Gillard/Swan/Wong/ Burke/Bowen; a problem about which we can all surely agree.

    Mr Mouse: as I am sure you know, the problem at issue is not just the pile of bills left by the ALP/Greens, it is also the structural deficit reinforced by ossified productivity and years of increasing welfare dependency. I think we can all agree on that.

    Anyone trying to actually implement a solution to the structural issues in the Australian economy (as opposed to fiddling around with compromises until the Gold Card calls) has two real choices:

    1) Engage stakeholders; build as much consensus as possible on what the problems are, how they interact and what the forward costs are of fixing/not fixing them – then put forward a logical program into the political arena and fight irrational opposition from a position of strength;

    2) Develop a plan that fits with your ideology – then ram it through parliament and implement it as well as you possibly can. You might crash and burn on the way through, but, unlike the RGR freakshow, you try to leave the place in better order than you found it.

    Abbott has punted the first option. And he doesn’t have the political mandate, policy consistency, or control of the Senate to deliver the second. If you reckon he is about to pull off a ‘good solution’ next week, he must have an absolute genius working secretly in the back-room.

  75. Fleeced

    The problem I see now is that diluting the tax still leaves the basic problem in place.

    Of course it does. He has to dump it entirely – but I don’t think he will. It won’t even raise much in the grand scheme of things… dumb, dumb, dumb.

    LDP/senate may have little effect if ALP/Greens end up supporting it. He could surprise me and dump it completely before budget night – I hope so – but his rep has taken a battering anyway.

    I blame Staples.

  76. Latika Bourke:

    @latikambourke Sounds like Cabinet has approved the debt levy then. Cormann not backing away from ‘special immediate’ method. (Code for debt levy).

  77. Infidel Tiger

    Looks like I’ll be actively campaigning in marginal seats against LNP members at the next election.

  78. Michel Lasouris

    Dot…Explain yourself please. You imply that Abbot is of the leftWhat does ttat make Shorten et al? How far right do you think we should go?
    Note please. no gratuitous expletives from here; hope you will reply in an equally civilised manner

  79. Infidel Tiger

    Not that I’ll need to. Abbott will be considered the Hypercolor T-shirt of politics come 2016: a passing, highly embarrassing fad, best torn apart and used to clean the car.

    What an absolutely disgusting party the LPA is. What human garbage. Anyone of them that doesn’t cross the floor on this issue should have their genitals stitched to a fire ant nest.

  80. A Lurker

    It is painfully clear that the only reason for floating the levy is all about perceptions of left leaning voters and not a moment’s thought has gone into the economic consequences, nor the effect on right leaning voters.

    So it boils down to attempting to appease a bunch of people who will never in a million years vote for you or say nice things about you.

    If this goes ahead, then this will be an utterly useless broken promise – so if you are intent on breaking a promise PM Abbott, then choose something that is actually meaningful (like taking the chainsaw to the ABC) – and leave the useless symbolic stuff to Labor and the Greens.

    Someone, anyone in the Coalition needs to take Abbott and Hockey aside for an intervention, explaining to them the concept of why the Left will never ever vote for them, and why appeasing the Left is a complete and utter waste of time and money.

  81. Senile Old Guy

    And so it begins:

    Senator Cormann insisted the new measure, like the budget as a whole, would be spread “fairly and equitably” because the Coalition believed taxes should be as low as possible.

    “We will be pursuing structural reforms and structural savings but we also recognise that there is a need for an immediate special effort in order to put ourselves into a stronger starting position as we repair the budget,” he said.

    “And that special effort needs to be spread fairly and equitably and the only way you can ensure you do that is by also considering appropriately targeted measures through the tax system so that higher-income earners participate in the additional effort required to put Australia back onto a stronger trajectory.”

    The tax increase is being aimed at those earning more than $150,000 a year but the government would not confirm the income tax threshold to be applied for what is expected to be a 2 per cent levy.

    And so begins the Abbott government slide into irrelevance. Somehow getting a smaller government handout is the same as paying more in tax.

  82. Infidel Tiger

    Cormann should be arrested and airmailed back to Belgium. Eurotrash wanker and his socialism can kiss my swingers.

  83. Token

    I see the rancid class warfare throwback from the 1940′s has ensure Australia will having the most punative taxes on the quartiles who actually pay tax.

    Cormann is dead to me.

  84. Gab

    So what Cormann et al are saying is that people who currently pay the highest amount of taxes but use the least amount of government services are to be punished by having their tax take increased becuase of some stupid Liberal slogan about “paying your fair share” which is something the Libs were against when gullard and Swan were banging on about the same class warfare rhetoric that the Libs have now adopted.

    Lower taxes across the board will ensure Australia is “open for business” and get the economy moving.

    What next from Abbott? $900 cheques to stimulate the economy?

    What a bunch of side-talking hypocrites.

  85. Gab

    Somebody – who still has the will to live – please go and find all the quotes from Abbott and other Libs haranguing the Labor government about them wanting to increase taxes on the “rich” during the years 2008 to 2013.

  86. egg_

    1) Engage stakeholders; build as much consensus as possible on what the problems are, how they interact and what the forward costs are of fixing/not fixing them – then put forward a logical program into the political arena and fight irrational opposition from a position of strength;

    Hey Abbott’s been so engaging with the public from Credlin’s bunker… punted opportunity indeed.
    (Still suffering Stockholm Syndrome from da misogyny wars?)

  87. .

    Dot…Explain yourself please. You imply that Abbot is of the leftWhat does ttat make Shorten et al?

    Far left.

    This should be obvious, they support thuggish, militantly violent unions.

  88. .

    So it boils down to attempting to appease a bunch of people who will never in a million years vote for you or say nice things about you.

    To paraphrase Churchill:

    You can’t appease a socialist crocodile.

  89. Infidel Tiger

    Somebody – who still has the will to live – please go and find all the quotes from Abbott and other Libs haranguing the Labor government about them wanting to increase taxes on the “rich” during the years 2008 to 2013.

    This move by Abbott goes beyond stupid. It’s the most destructive act by an Australian government in some time, far worse than anything Rudd or Gillard did.

    We will soon have a precedent for Euro trash style wealth taxes. Next time Labor are in and on current trajectory that is 2016 at latest, the productive classes are going to get hosed.

    Can someone with a conscience in that shitty Party loosen the wheels on his bike?

  90. Senile Old Guy

    Somebody – who still has the will to live – please go and find all the quotes from Abbott and other Libs haranguing the Labor government about them wanting to increase taxes on the “rich” during the years 2008 to 2013.

    Fortunately, the ABC has done just that for us.
    http://www.abc.net.au/news/2014-05-01/fact-file-what-tony-abbott-promised-on-tax/5420226

  91. Lem

    Senator Cormann insisted the new measure, like the budget as a whole, would be spread “fairly and equitably” because the Coalition believed taxes should be as low as possible.

    So they are going to make the taxes as low as possible by RAISING them.

    NEWSPEAK.

  92. Dan

    I hope they are being deluged with calls

  93. rebel with cause

    So Abbott will soak the rich in an attempt to please the ‘F— Abbott’ crowd.

    Clearly the Liberal Party believes that middle Australia is populated by invidious racists.

  94. Fleeced

    So Abbott will soak the rich in an attempt to please the ‘F— Abbott’ crowd.

    It was all part of his cunning plan so that those selling ‘F— Abbott’ T-shirts would have to pay additional tax.

  95. Vicki

    What a kick in the teeth for long suffering supporters who waited through 7 long years of a terrifyingly incompetent government.

    It looks unlikely that we shall see even the modest repeal and replacement of 18C, & now we are to be slugged with a rise in the tax rate.

    Has anyone even noticed that this is IN ADDITION TO a new “levy” for the NDIS???

  96. Senile Old Guy

    “What we would ask people across Australia to do is to trust us,” Senator Cormann said.

    I struggle to understand how Cormann can make this claim in these circumstances.

    Mr Abbott denied accusations from his Liberal MPs, including Queenslander Teresa Gambaro, that the new tax would be a broken election promise.

    “I’m going to be able to look people in it eye on Tuesday night and on Wednesday morning and beyond and say we are all in this together, we are all doing our bit,” he said.

    He has lost the plot. I’m not expecting to see as leader come the next election if he lasts to then (which I doubt). From here, the polls are going to plummet. He has p*ssed off many of his supporters and will get no lift with ALP/Greens who will just hate him for the cuts.

    Link.

  97. Fleeced

    I’m assuming this is just to appease people for other nasties (HECS increases, etc) – but if he’s doing that and sticking with PPL, he’s a dead man walking (*NaDT).

    *Not a Death Threat

  98. brc

    The change in the rate and cutoff point is intended to quiet the horses. I’m sending a new email with excerpts frOm gambaro asking why my MP hasn’t said something similar, or if he is also a tax an spend specialist.

  99. Dr Faustus

    Mathias Corman has just emailed me (and several thousand other Australians) this resume of the ALP’s Total Incompetence (2007 – 2013).

    It is an excoriating record. A normally-abled government would be using this to put forward an agenda that would keep it in the job for 3/4 terms and introduce structural reform that would be hard for the ALP to undo when they get their next Buggins’ Turn.

    Which is why it is rather dissapointing that this particular government, the Abbott/Hockey Government, has squandered an opportunity that we have all paid so much for.

  100. egg_

    Dr Faustus
    #1296066, posted on May 7, 2014 at 4:59 pm

    When will the ‘don’t blame us it’s their fault’ beta male crap gonna end?
    (Is this Credlin-style girly tactics?)

  101. .

    Mathias Corman has just emailed me (and several thousand other Australians) this resume of the ALP’s Total Incompetence (2007 – 2013).

    It is an excoriating record.

    Why are the Liberals keeping it and now proposing to fund it by putting income taxes back to pre Hawke-Keating era levels?

  102. Dr Faustus

    Still suffering Stockholm Syndrome from da misogyny wars?

    Egg: We are all still suffering from the misogyny wars – Tony Abbott in capitals and bold. The PPL we are now stuck with was a super-smart political response to the evil bag’s diatribe.
    Cheap politics with a $6bn price tag. FMD.

  103. Dr Faustus

    Why are the Liberals keeping it and now proposing to fund it by putting income taxes back to pre Hawke-Keating era levels?

    .: FIIK. Micky Mouse’s ‘good solution’ next Tuesday? You would like to think there is some guiding principle behind this circus approach to the process of government – even if dreadfully mistaken.

  104. johanna

    .
    #1295900, posted on May 7, 2014 at 3:21 pm

    So it boils down to attempting to appease a bunch of people who will never in a million years vote for you or say nice things about you.

    To paraphrase Churchill:

    You can’t appease a socialist crocodile.

    As Ogden Nash, one of my favourite poets, rightly observed:

    Never smile
    At a crocodile.

  105. Perpetual Motion

    I reckon LNP donations will be drying up faster than spit on a hot rock.

    How will they fund the next election campaign?

  106. tomix

    It would be interesting to know the average income of Green voters. This “fair share” talk might be more appealing to the former ALP voters who are voting PUP.
    Probably I’m getting carried away, but if Abbotts no.1 priority is to see off Clive Palmer, he needs to find another job.

  107. Lem

    I reckon LNP donations will be drying up faster than spit on a hot rock.

    How will they fund the next election campaign?

    Exactly what I have been saying. Mine certainly has. Gina can donate her heart out but she only has one vote. Adios Abbott, you double crossing bastard. I’m on a mission to put some real libertarians in the senate, I may have 2 years, or possibly less, but I’m kicking against the pricks.

  108. Infidel Tiger

    I reckon LNP donations will be drying up faster than spit on a hot rock.

    How will they fund the next election campaign?

    Same way they always have. The electoral theft act and with slush finds that ICAC is investigating.

  109. MemoryVault

    I reckon LNP donations will be drying up faster than spit on a hot rock.
    How will they fund the next election campaign?

    With all the taxpayer’s funds they pocketed by winning the last election.
    What did you think the Electoral Commission is for?
    Safeguarding ballot papers?

  110. johanna

    Baird and the NSW Libs are now saying that the best way to avoid influence-peddling via donations is for taxpayers to fund their election campaigns. That way, they don’t have to respond to anyone’s concerns, except those in their (taxpayer funded) focus groups.

    Just another brick in the wall.

  111. Infidel Tiger

    But a Reachtel poll suggests Abbott is right to think there’s an anti-rich sentiment than needs a gesture tax:

    After reading this from Bolta, all I can say is that it is a shame Judge Mordy didn’t imprison him and have him castrated. This arseclown should be silenced in every way shape and form.

  112. MemoryVault

    You can’t start castrating people like Bolt, Tiger.
    If you do, where do you apply the cattle prod?

  113. Credlin’s job is nearly done.

    She’ll be able to declare mission accomplished pretty soon, put her feet up, and watch the carnage as Abbott is politically torn to shreds for his duplicity.

  114. Liberal spinmeisters have been working hard on Bolt, McCrann and so on.
    They can win over the pundits but as Gillard knows too well, it won’t translate into popular acceptance.

  115. Fleeced

    Baird and the NSW Libs are now saying that the best way to avoid influence-peddling via donations is for taxpayers to fund their election campaigns. That way, they don’t have to respond to anyone’s concerns, except those in their (taxpayer funded) focus groups.

    After the “Hockey for Sale” reports, Abbott suggested something similar – but then added that, “but as we’re tightening our belts, that’s not really an option”. They are scum.

  116. Infidel Tiger

    #1296208, posted on May 7, 2014 at 6:41 pm
    Liberal spinmeisters have been working hard on Bolt, McCrann and so on.
    They can win over the pundits but as Gillard knows too well, it won’t translate into popular acceptance.

    My old man, who is a rusted on idiot, just informed me that “Terry Mc in the Cann” thinks it’s a good idea.

    Can’t choose your parents.

  117. Gab

    Abbott in 2011 commenting on another “levy”:

    ”It seems the Prime Minister is going to call this a ‘mateship tax’ but mates help each other. They don’t tax each other.”

  118. Infidel Tiger

    That’s gold, Gab.

    Abbott is a deadman walking. By 2016 the carbon tax will still be in place, no cuts to spending will have been enacted and Abbotts only legacy will be a wealth destroying debt levy. Shameful.

    If he has skerrick of decency he will top himself.

  119. Demosthenes

    It would be interesting to know the average income of Green voters.

    Last I heard, on average they’re the richest voting group in the country. Uni-educated urban professionals with few kids.

  120. MemoryVault

    By 2016 the carbon tax will still be in place, no cuts to spending will have been enacted

    You’ve got it wrong, Tiger.
    By 2016 dozens, if not hundreds of bills aimed at cutting expenditure will have been enacted.
    Trouble is, “unintended consequences” will mean we’re paying out more than ever.
    If I was a conspiracy theorist, I’d have to conclude it was deliberate.

  121. Demosthenes

    Credlin’s job is nearly done.

    The conspiracy theories are getting out of control. As is the hyperbole about Abbott. Let’s see how the polls change after the budget beds down before writing off the government.

  122. Infidel Tiger

    Last I heard, on average they’re the richest voting group in the country. Uni-educated urban professionals with few kids.

    Yep. People with enough wealth and just enough of a second rate education to think they know what is best for everyone else.

  123. johanna

    Credlin’s job is nearly done.

    In a first, must agree with Demosthenes. Are people saying that she is a Leftist sleeper agent/mole who has been in place for decades? Are they saying that Abbott is in the thrall of Morticia? Spell it out, with proof, or go away.

    He owns whatever the government does. End of.

  124. Fleeced

    Haven’t read any of Alastair Reynolds’ books yet – though I’ve browsed them a few times… which would you recommend, Sinc?

  125. Are people saying that she is a Leftist sleeper agent/mole who has been in place for decades?

    No, not really. I’m just pissed off.

    A new tax or a tax increase would be monumentally self-destructive. The only explanations for doing it would be stupidity and deliberate self-sabotage.

  126. egg_

    Are people saying that she is a Leftist sleeper agent/mole who has been in place for decades?

    Nope, she’s:

    enough wealth and just enough of a second rate education to think they know what is best for everyone else.

    A dumbass.

Comments are closed.