Archive for April 29th, 2013
Fix the budget deficit – tax the rich
Posted by John, April 29th, 2013 - under Tax, Tax the rich.
Tags: Budget, Budget black hole, Budget cuts, Budget surplus, Deficit
Comments: 19
Gillard has not ruled out tax increases either, but her talk about sharing the pain means that the burden of tax increases will be borne by you and me, not the rich. It is all about priorities.
Labor won’t tax the rich. Instead it has attacked the vulnerable, like single parents and those sectors it wants to further privatise, even if under government tutelage, like universities.
Is there an alternative? Labor could tax the rich. It isn’t rocket science. Here are a few examples.