In another hysterical, ill-informed, anti-Abbott rant, Mungo McCallum has mentioned me in dispatches:
Judith Sloan, The Australian’s iron-hearted economic fundamentalist
I wear this label as a badge of honour.
Of course, McCallum doesn’t understand the first thing about tax, including the highly regressive impact of fiscal drag and its disproportionately adverse impact on the lowest paid (see Martin Parkinson’s post-budget speech on this point).
But of course McCallum doesn’t get me, or other Cats at all.
If iron-hearted economic fundamentalism means:
- Emphasising the importance of private business and the role of investment;
- Believing that individuals are best off when they are self-reliant and that welfare can all too easily breed dependence;
- Understanding that most government interventions do more harm than good, particularly for the most marginalised;
- Believing that taxes should be kept as low and non-distorting as possible
then I really do wear the badge with honour.