The Tax We Had To Have
Power makes himÂ happy:
Ever tried reasoning with a Fabian Socialist?
“A fight to the death in the arena of public opinion” … Prime Minister Julia Gillard turns her back on Opposition Leader Tony Abbott on 7 July 2011
Sergio Redegalli put up another mural today. Lets see if it lasts through the night. If you don’t know what BDS means, check it out here:
Andrew Bolt update:
With all these exclusions and these giveaways, this carbon dioxide tax increasingly seems to be a mere revenue raiser for a government out to redistribute wealth:
PRIME Minister Julia Gillard will use today’s carbon scheme launch to unveil sweeping reform of personal income tax,Â tripling the tax-free threshold to let most Australians keep at least the first $18,000 they earn each year.
The Sunday Age can also reveal that fuel for heavy vehicles outside the mining sector will not be subject to the carbon tax, helping to explain why Treasury modelling tips food prices to rise by just 80Â¢ a week….
Overall the scheme is expected to cost consumers a little under $10 a week or $520 a year – including $3.30 a week more for electricity and $1.50 for gas…
Labor wants to reframe the debate on the carbon tax by entwining it with personal income tax reform based on key elements of the blueprint authored by former Treasury secretary Ken Henry last year.
So huge sources of carbon dioxide such as farming, petrol and many heavy vehicles are excluded. Big emitters get compensated. Lots of people are given more money to buy more stuff, like electricity.
Something doesn’t compute, if this really is about stopping apocalyptic global warming.
Still it will at least make it likelier that we run out of electricity:
The Sunday Age understands that Treasury modelling also predicts the scheme will begin to drive dramatic changes in the electricity-generation sector – forecasting that it will not be commercially viable for any new coal-fired plants to be built in Australia.
Small detail, that.
Then there are those other small little sacrifices -small, for the rest of us, that is:
IT is the town that “built Sydney”, supplying cement for the Harbour Bridge and other landmarks, but Kandos in the state’s central west is the first casualty of the carbon tax.
The town’s cement plant will close in four months after Cement Australia said the carbon tax would exacerbate pressures on the business.
Some of almost 100 workers to lose their jobs have family links with the mill spanning almost a century, with their fathers and grandfathers working there before them.
Another small detail:
It was also revealed the scheme will likely cost about $4 billion more than it raises from tax receipts in its the first four years.