IPA head knocks self out in tax debate

Advertisement

By Leith van Onselen

John Roskam, Executive Director of the right-wing think tank the Institute of Public Affairs (IPA), has led a vicious ad hominem attack against a large group of commentators whom opposes cutting the company tax rate. From The Australian:

A high-profile group of unionists, academics and former public servants who oppose a corporate tax cut in the budget has been dubbed “the fatuous 50’’ by a conservative think tank.

Institute of Public Affairs chief John Roskam said many in the group had “spent so long on the public teat and no doubt have ­defined benefits superannuation schemes and won’t be affected by changes to superannuation’’.

“Their real world experience, for so many of these people is limited to the university common room. They have little idea about what it takes to run a business, ­employ people and create wealth,’’ he said…

In an open letter published in Fairfax newspapers, the group urged Malcolm Turnbull “not to cut tax at this time — and certainly not for companies’’…

Below is Roskam’s experience, as reported on the IPA website:

John Roskam has been the Executive Director of the free market think tank the Institute of Public Affairs since 2004. Before joining the IPA he taught political theory at the University of Melbourne. He was previously the Executive Director of The Menzies Research Centre in Canberra, has been a senior adviser and chief of staff to federal and state education minister, and was the manager of government and corporate affairs for a global mining company.

Advertisement

Correct me if I am wrong, but I can’t see much “real world experience” or experience running a business, employing people and creating wealth?

Pot meet kettle.

[email protected]

About the author
Leith van Onselen is Chief Economist at the MB Fund and MB Super. He is also a co-founder of MacroBusiness. Leith has previously worked at the Australian Treasury, Victorian Treasury and Goldman Sachs.