Does This Look Like a Government That Had ALL it Could Eat?

Sinclair Davidson brings our attention to these deeply troubling statements from our supposedly conservative, center-right treasurer:

Mr Morrison emphasises that the Coalition understands that large businesses employ millions of Australians, which is why it took its enterprise tax plan to Parliament and secured “far more than our critics believed we would”.

[TMR: this is code for, ‘they look like they might have some spare money and we want more of it because we’ve blown what we previously took’].

“This task cannot be pursued by the government in isolation.

“Business has a critical role to play in demonstrating to the Australian people that as their business grows, their employees will benefit. And that job starts with the conversations they have in their own businesses.”

[TMR: in isolation, this sounds sensible, until you realise he’s actually asking for business to get on board with his tax grab and threaten the jobs of those same employees].

In the past year, we’ve continued to toughen up on multinationals. Australia now has some of the toughest laws in the world to combat multinational tax avoidance.

[TMR: oh yeah, that’ll encourage jobs and growth – PS: tax avoidance is perfectly legal].

We’re making sure multinationals pay their fair share of tax so that Australian citizens get the tax from the profits earned in Australia, from Australian consumers, that is needed to fund vital infrastructure and services.

[TMR: are we listening to a supposedly Liberal treasurer or Wayne Swan here?].

The Australian Taxation Office has today confirmed that measures including our Multinational Tax Avoidance Legislation will enable us to claw back around $2.9 billion in additional tax liabilities this year. The Government has also succeeded in legislating our Diverted Profits Tax, further preventing multinationals from shifting profits made in Australia offshore to avoid paying tax.

[TMR: they’ll shift their operations and employment off-shore too you imbecile].

The Diverted Profits Tax commences on 1 July, and is conservatively expected to raise $100 million in revenue a year from 2018–19.

[TMR: in other words, about the same as the mining tax. Any time you can raise almost no tax while upsetting major enterprises and industries and threatening local jobs, then you absolutely must do it].

This comes on top of other moves to set up a Tax Avoidance Taskforce, increase penalties, and strengthen whistleblower protections which are expected to raise almost $4 billion over the budget and forward estimates.

[TMR: never fear, the Tax-Waffen will ensure that things remain every bit as insipid as they currently are].

Why is there even the slightest discussion being had about raising the government’s level of revenue (currently at a very healthy 24% of GDP and rising to 25% of GDP) when it’s the utterly negligent level of spending (currently at a near-record 25.8% of GDP) that desperately needs to be addressed?

Budget 2016-17

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5 thoughts on “Does This Look Like a Government That Had ALL it Could Eat?”

  1. I get concerned when the starting point of the conversation is the tax revenue base, rather than the services the government has been elected to provide. If you start with the services then determine the amount of revenue required to provide those services properly, then you have a fundamentally different conversation.

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    1. The place to start is actually the definition of the LEGITIMATE ROLE OF GOVERNMENT. How wouid you determine the “services the government has been elected to provide”. Fundamentally that is “free stuff”.
      This is class war at its best.

      The folks who are getting the free stuff don’t like
      The folks who are paying for the free stuff, because
      The folks who are paying for the free stuff can no longer
      Afford to pay for both the free stuff and their own stuff.

      And the folks who are paying for the free stuff
      Want the free stuff to stop.
      And the folks who are getting the free stuff want even more
      Free stuff on top of the free stuff they are already getting!
      Now… The people who are forcing the people who pay
      For the free stuff have told the people who are RECEIVING
      The free stuff that the people who are PAYING for the
      Free stuff are being mean, prejudiced, and racist.
      So… The people who are GETTING the free stuff have been
      Convinced they need to hate the people who are paying for the
      Free stuff by the people who are forcing some people to pay
      For their free stuff and giving them the free stuff in the first place.
      We have let the free stuff giving go on for so long that there
      Are now more people getting free stuff than paying for the
      Free stuff.
      Now understand this.
      All great democracies have committed financial suicide somewhere
      some years after being founded.
      The reason?
      The voters figured out they could vote themselves money from the treasury by electing people who promised to give them money from the treasury in exchange for electing them.

      The number of people now getting free stuff
      Outnumbers the people paying for the free stuff.
      Failure to change that, spells the end of Australia as we know it.
      The Election of 2016 was “WON” by people objecting to the “free stuff” mentality.
      ….. let’s pump the Canberra septic tank out.
      A Nation of Sheep Breeds a Government of Wolves!
      Borders: Closed!
      Language: English as the Official Language
      Culture: Constitution, God, and no “human rights commission!
      Drug Free: Mandatory Drug Screening before the dole!
      NO freebies to: Non-Citizens!

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  2. Does This Look Like a Government That Had ALL it Could Eat?

    Not yet. There is more taxpayers money to steal.
    They are insatiable!

    Liked by 1 person

  3. When the ownership of an asset is transferred under force or threat of force, a crime called extortion is committed.
    A tax is a transfer of ownership of assets under force or threat of force.
    Where would one expect society to be when its citizens create an elite group with the power to extort and steal from these citizens? How long does it take? What would happen to a society which encourages the execution of the youngest and most helpless citizens?
    A society flung headlong down this road of corruption has what sort of future?

    Like

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