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2010-09-25

Henry review needs a review

Comments on David Uren “ALP urged to embrace growth”, 25/09/2010, http://www.theaustralian.com.au/national-affairs/alp-urged-to-embrace-growth/story-fn59niix-1225929133040
Both Treasury and the Henry Review are not without their own problems.

The argument for a broad land tax by the Henry review is as ridiculous as its proposition on its now discredited mining tax. How can you ask pensioners to pay land tax on their homes when they don't have much or enough income to live on?

The argument for using larger population for coping with structural adjustment is equally ridiculous and short sighted, because it is an open ended approach and are not sustainable itself. It is a coward and easy approach to a perceived problem, as opposed to real welfare maximising approach.

Treasury needs some reforms and hard thinking to do. It needs to reflect itself.

The Henry review recommendations need to debated, because some of them are clearly wrong and rubbish.

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