Politics,Climate Change and Sundry issues

Politics,Climate Change and Sundry issues
for website listing my blogs : http://winstonclosepolitics.com

Tuesday 26 August 2014

Operation Bleedin’ Obvious. - The AIM Network

Operation Bleedin’ Obvious. - The AIM Network





Operation Bleedin’ Obvious.














I’ll keep this short.


Need money?  Here’s some:


Axe the Paid Parental Leave scheme.  Saving $22.2 billion over the forward estimates.


Axe Direct Action.  Saving $2.55 billion over the forward estimates.


Tax voluntary superannuation contributions at the employee’s marginal
tax rate.  Saving $17.8 billion this financial year and $20.7 billion
by 2016-17.



Axe the 50 per cent discount on capital gains tax.  Saving $5.4 billion, climbing to $7.6 billion by 2016-17.


Stop negative gearing.  Saving $4 billion a year.


Cap defence spending at $20 billion a year.  Saving $40 billion over the forward estimates.


Cancel the extra 58 fighter jets.  Saving $12.4 billion.


Reinstate the reporting obligation for car business use.  Saving $1.8 billion.


Axe the company tax cut.  Saving $4 billion a year.


Keep the mining tax.  Revenue of $3.4 billion over the forward estimates.


Increase the top marginal tax rate from 45 to 47 per cent and apply
it to all earnings over $150,000 rather than the existing threshold of
$180,000.  Revenue of $8.1bn over four years.



Introduce a Financial Transactions Tax.  I don’t have current figures
but if a 0.05% FTT were collected on Australian “over-the-counter” and
exchange traded market transactions between 2005-06 and 2008-09, it
would have raised $48 billion.



Are we there yet?


Get your hands off our kids, our elderly, our unemployed, our sick and disabled.  Threaten me again and I will get REALLY angry.





No comments:

Post a Comment