A Liberal Budget

There are many out there who think that Peta Credlin is the next Liberal/Conservative political messiah.  Sorry folks, but TAFKAS does not share your thinking and never has.

Apart from the the obvious that politics is a “team sport” where success requires more than a glorious leader, there is a difference between words and deeds.  A big difference.

Take Ms Credlin’s contribution in the Australian today:

In a speech that read like a campaign launch, replete with support for all the government’s key constituencies, it was the oft-repeated refrain “all without increasing taxes” that highlighted where Coalition strategists want to fight the coming electoral battle.

All without increasing taxes.  Really.  How about this table from the Budget Papers:

Can anyone spot a single year in the budget and forward estimates that taxes are not increasing?  A single year.  Anyone?

Perhaps Ms Credlin (and the government) are being either sloppy or sneaky with their language really trying to say that tax rates were not increasing.  But that’s not true either.  There are indexed taxes (such as fuel) and there are plenty of taxes by another name (fees, charges, levies, cost recovery) that are going up a-plenty.

To suggest that yesterday’s budget was a “Liberal” one requires a different definition of the word Liberal.  Perhaps a definition along the lines of a Bernie Sanders or Alexandria Ocasio-Cortez Liberal.

No doubt yesterday’s budget was more conservative than what would have been delivered by the Labor party, but that is not a claim to fame.  As Thomas Sowell said:

I prefer disaster to catastrophe.

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18 Responses to A Liberal Budget

  1. Baldrick

    I’m still waiting for some budget news on any spending cuts.

    So far all I’ve heard, apart from record levels of spending, is a $1 a week tax cut for the average Joe.

  2. Ƶĩppʯ (ȊꞪꞨV)

    And then there are the other state/local government and non-government hidden taxes.

    The liberals and labiaourous are two sides of the same unipart coin.

  3. Biota

    Can it be from bracket creep and immigrants if overall tax rates are being lowered in that time?

  4. egg_

    She was Abbott’s downfall.

  5. Claude Santucci

    I take your point but I think she was referring to Frydenberg’s line that there were no new taxes; a repeated comparison with the Labor party that intends to introduce new taxes. The amount of tax taken by government will generally always increase as the economy grows. Of course, it may gone down through a recession. Taxes will always increase

  6. Dr Fred Lenin

    The whole tax problem could be solved if the government collected everyone’s salaries then issued vouchers for food ,rent and other incidentals clothing vouchers could be issued every end of December. Christmas woukd be abolished . There would be no more complaints about tax then . Problem solved comrades .
    Politicians ,public employees and union officials would be exempt,naturally ,removing money from them would destroy their whole reason for living .and cause severe psychological damage .

  7. Bill Posters

    Do you know the difference between an increase in tax and an increase in tax receipts? I think not.

  8. Paul

    I am a big fan of Peta’s.
    Sooner she is elected into parliament and then the leadership the better.

  9. candy

    The budget is to simply win the election with some reduced income tax and the $75 one-off payment. There’s not much point in dissecting it all too much.

    The interesting thing is how much Bill Shorten will offer.

  10. Don’t those figures reflect taxing of more entities, something akin to ‘bracket creep’, as well as bracket creep?

  11. eb

    Tax receipts have increased because mining company profits have increased. The tax rates have remained the same. If economic conditions are favourable and tax receipts increase, then that increase can be used well (reduction in other taxes say), or badly (school halls, pink batts, NBN, etc).

    An increase in tax receipts is, in and of itself, not necessarily a bad thing.

  12. Tax receipts have increased because mining company profits have increased.

    Yes, that’s another contributor. So under the logic proposed in the OP’s post, if mineral resource taxes fall because of a fall in prices and/or sales, does that mean we’ve had tax reductions?

    Once Labor and the Greens kill off our coal industry, they can say that taxes have been reduced because tax receipts have fallen.

  13. AndrewWA

    She was Abbott’s downfall.

    The disloyalty of Turnbull, Bishop et al were Abbott’s downfall NOT Credlin.

  14. Bill Posters
    #2978671, posted on April 3, 2019 at 6:45 pm

    Do you know the difference between an increase in tax and an increase in tax receipts? I think not.

    Did you bother to read the blog post at all?

    There are indexed taxes (such as fuel) and there are plenty of taxes by another name (fees, charges, levies, cost recovery) that are going up a-plenty.

    Please.

  15. egg_

    She was Abbott’s downfall.

    THEY began the appeasement that’s still happening.
    Welcome to Opposition.

  16. Ben

    #2978658
    Dr Fred, to support your point I present ATO DIV293, specifically the exemptions…

    Modifications for certain state higher level office holders

    Individuals who are classified as state higher level office holders who have certain super contributions made on their behalf into a constitutionally protected fund (CPF) are exempt from having Division 293 tax applied to those super contributions.

    Who is a state higher level officer holder?

    Under the regulations a state higher level officer holder is:

    a minister of the government of a state
    a member of the staff of a minister of the government of a state
    the governor of a state
    a member of staff of the governor of a state
    a member of the parliament of a state
    the clerk of a house of the parliament of a state
    the head of a department of the public service of a state or a statutory office holder of equivalent seniority, including a statutory office holder who is the head of an instrumentality or agency of a state
    a judge, justice or magistrate of the court of a state.
    If at any time in the income year, an individual falls within the category of a state higher level office holder, they will be treated as being a state higher level office holder for the entire income year.

    https://www.ato.gov.au/super/apra-regulated-funds/in-detail/apra-resources/division-293-tax—information-for-super-funds/

  17. Dan Dare

    I think Bill Posters is ex Lavatory Parade

  18. PoliticoNT

    TAKFAS does not share your thinking….

    Yup. Had the school and breeding. Took on some minor corporate roles, and then staffed for a bunch of low-grade, gravy train simpletons in Parliament. Traded up to be Abbott’s COS, and completely, utterly ballsed it up. Abbott was removed as PM because he couldn’t speak clearly in public, quite the opposite. Who was to blame? His COS. A decent COS would have easily identified the issue and taken the appropriate action. Abbott needed close management. It was Credlin’s job. She failed.’

    Now she’s just a so-so media commentator. Not a complete goose. Not completely ignorant of the realities of politics. But not even close to making selection for the Second XV.

    TAKFAS is right.

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