Weoo, weeoo, weeooooooooooooooooooooooo
Sad news today, the Pascometer is dead. Although a zombie version of it is still publishing at New Daily, it has lost all flair and fire, rendering it boring, sensible and agreeable:
Our politicians will deserve respect when they’re game to offend just about everyone with genuine tax reform that would leave the nation better off.
Here are my top five tax reform issues really worth fighting about:
- GST reform – As an absolute minimum, the base needs to be broadened with appropriate safeguards
- Land tax – It will take the feds to co-ordinate and finance the states to get them off their damaging and discriminatory addiction to stamp duty and on to broad, no-exceptions land tax
- Capital Gains Tax – no, it makes no sense to exempt the family home, however sacred a cow it might be
- Novated leases – not so much because this particular lurk is large, but it’s a fine symbol of the tax expenditures that should be dragged into the spotlight and away from the grasp of successful business lobbyists
- Resources rent tax – yes, Ken Henry’s attempt to introduce was flawed, but the principle was sound and needs revisiting. And while at it, the federal government could grow a pair and end the rorting of the Petroleum Resource Rent Tax that is earning the nation next-to-nothing for our LNG exports.
Alas, I can only but agree.
It appears that when you take the Pascometer out of Domainfax you also take the Domainfax out of the Pascometer, leaving it a dried up husk, useless as an indicator.
Weeoooooooooooooooooooooooooooooooooooooooooooooo…………….
Advertisement
