Tax-cuts: Good or Bad?

Most people that know me know my views towards tax cuts. When the Government offers tax cuts I think of two things: unnecessary and inflation.

Here is an interesting view I found over at Jesaurai:

Modern governments don’t pool money for the good of all they just run the business of politics.

Imagine this:

You live in Australia, and you have $100 to spare, you say to your government; which is a democratically elected representative of you, who’s purpose is to lead, maintain and increase the communities wellbeing.

“Take my $100 dollars and pool it with other peoples money and please use it to try and fix some of the problems I and my friends, family and fellow citizens have. Here’s a list of the things that are important to me, some of them are very important as they threaten my survival, and that of my kin.

We don’t have any water, the dams are at 30%, the farmers say they can’t plant, and it never seems to rain. Can you do something?

The climates changing, not sure if this will be good or bad, but everyone that seems to know about these things says its bad and its our fault. Can you do something to slow it, or stop it?

The train to work never runs on time, and is over crowded, and often derails itself, it is a horrible experience everyday for an hour as it was, now its beyond a joke.

Our jobs keep going overseas, and I’m tired of re-training, is it possible to just get some security?

There are beggars on my street, more than ever before, can we give them homes (not just rooms) and food, and self worth.

There are loony people on he train stations, are they sick? or just on ice? I don’t know but they are scary and they threaten people. Can we help them?

I want to work less. Not more !”

The Government takes you $100 and gives $20 to a fund for universities, and other education, $30 for a fund for government employee’s superannuation, $1 for enviromental stuff.

Then the government puts out his hand and says you can have this back ($49). I don’t need this! Whoops sorry I need $15 back I need to buy us a gun, those bloody neighbours keep misbehaving. And you get $34 back… but.

This is essentially what the Australian government did tonight in its pre election budget, and no-one seems to find fault with it.

Its not about them and their budget surplus, its about us, we want them to spend the money to help us, not just give it back.

Subscript: figures are indicative only. And they are giving a subsidy for solar panel of $8000 which is really good.


Finance Me

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1 Comment so far

  1. […] posted an article by DJ Campbell here a while back, about tax-cuts and the negative aspect that people seem to be too naive to see. Well, I have another piece by DJ that I’d like to share on the power and freedom of […]

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