Wednesday, August 31, 2005
Shut up about Tax Reform!
Tax reform is incredibly complex, and that is the way that it should be.
If you don't understand the way the tax system works, or you don't care, then you obviously don't pay enough tax.
Tax reform is an important issue for those people who already have a large tax burden, or those who already engage in means of tax avoidance, which is why people like Malcolm Turnbull and the Liberals are carrying this little chicken and squawking so loudly about it.
I see no imperative to change the system of taxation for those earning above $125k per annum because the argument is somewhat impotent. If you are earning above 125K per year, you start a company, and you pay tax on earnings at the company tax rate of 30 percent. Nobody actually pays the top rate. Sorry, that should read: Nobody who is smart enough to actually earn the money (rather than being given it for looking pretty and showing up at Channel ten to film something useless and soul depriving) will pay the top rate.
The reason the Libs are focusing on this particular issue is that Bush cut income tax heaps of times when he assumed power. And if Bush did it, then we should too.
The problem for the 'small government' philosophers in the Liberal party is that they have too much money to give away every budget. And if they don't give it away then they lose traction because after all, What are they actually doing with all those billion dollar surpluses anyway? (Besides letting Sophie (I hate Muslim's because they are all f__king terrorists) Popapillous take more mind altering substances onboard. Maybe she actually believes the crap she sprouts, or maybe it's the only way to survive in a crusty old conservative party of dry Libs)
Tax reform, as discussed by the likes of Turnbull is a ridiculously immoral policy, and serves only as a means to elevate his leadership potential. Instead of looking at ways of giving more money to millionaires, the government should look at ways to use the money to develop Australia's future, and possibly to give countries in the 2/3's world a future. How about actually honouring commitments under the UN's Millenium Development Goals to halve world poverty by 2015, instead of singing the praises of the agreement and doing f__kawl about it when you get home?
Blair may be a twat, but at least he has made some attempt to achieve something greater than political milestones with his Prime Ministership.
If you don't understand the way the tax system works, or you don't care, then you obviously don't pay enough tax.
Tax reform is an important issue for those people who already have a large tax burden, or those who already engage in means of tax avoidance, which is why people like Malcolm Turnbull and the Liberals are carrying this little chicken and squawking so loudly about it.
I see no imperative to change the system of taxation for those earning above $125k per annum because the argument is somewhat impotent. If you are earning above 125K per year, you start a company, and you pay tax on earnings at the company tax rate of 30 percent. Nobody actually pays the top rate. Sorry, that should read: Nobody who is smart enough to actually earn the money (rather than being given it for looking pretty and showing up at Channel ten to film something useless and soul depriving) will pay the top rate.
The reason the Libs are focusing on this particular issue is that Bush cut income tax heaps of times when he assumed power. And if Bush did it, then we should too.
The problem for the 'small government' philosophers in the Liberal party is that they have too much money to give away every budget. And if they don't give it away then they lose traction because after all, What are they actually doing with all those billion dollar surpluses anyway? (Besides letting Sophie (I hate Muslim's because they are all f__king terrorists) Popapillous take more mind altering substances onboard. Maybe she actually believes the crap she sprouts, or maybe it's the only way to survive in a crusty old conservative party of dry Libs)
Tax reform, as discussed by the likes of Turnbull is a ridiculously immoral policy, and serves only as a means to elevate his leadership potential. Instead of looking at ways of giving more money to millionaires, the government should look at ways to use the money to develop Australia's future, and possibly to give countries in the 2/3's world a future. How about actually honouring commitments under the UN's Millenium Development Goals to halve world poverty by 2015, instead of singing the praises of the agreement and doing f__kawl about it when you get home?
Blair may be a twat, but at least he has made some attempt to achieve something greater than political milestones with his Prime Ministership.
