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2011-01-20

No new tax please!

Comments on Ben Packham “Coalition revives 'great big new tax' slogan as it urges Gillard not to impose floods levy”, 20/01/2011, http://www.theaustralian.com.au/in-depth/queensland-floods/coalition-revives-great-big-new-tax-attack-as-it-urges-gillard-not-to-impose-floods-levy/story-fn7iwx3v-1225991733800

Leaving the politics aside, there is no need to bring in any levy to deal with the rebuilding.

It would be ridiculous to lower business taxes and at the same time to make new levies on personal taxpayers.

Unfortunately most governments just do not regard the public seriously because they don't have a strong voice as those represented by special interest groups do, so personal taxpayers always find they are on the receiving end of any increased tax bills.

Taxpayers pay enough tax and the government has enough money to do what is required them to do – it is only a matter of cash flow management using borrowing and repaying debt as the means to achieve so.

Any argument or even thinking of a levy now would show how incompetent of the government could be in managing its budget: there can and will always be something unexpected to occur and it would be ridiculous for a government to simply bring in a new tax, levy or charge whenever there they occur.

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