Friday, August 5, 2011

Carbon tax is wealth redistribution

Obama in drag


So everyone suffers because of the carbon tax, and the poorest in society are then “compensated” by tax cuts:
LOW income earners will be the biggest winners ["biggest winners"? What is this, a TV game show? - Ed] from a Gillard government compensation scheme to offset cost of living pressures from a tax on big carbon polluters.
Generous tax breaks may be offered to low-income families and pensioners while middle-class income earners would also be compensated to soften the blow of rising household bills and living costs associated with the proposed carbon tax. [So they admit that prices of everything will go up, now? - Ed]
Labor is considering a range of options to ease the pain but is understood to be in favour of slashing tax rates, a measure encouraged by the government’s chief climate change adviser Ross Garnaut.
Professor Garnaut has urged sweeping compensation tax cuts for about half of Australia’s working population to keep household costs down and floated the idea of a one-off cut to the petrol excise to keep bowser prices manageable.
The government rebates could net low income earners about $1500 a year extra in tax breaks, with welfare increases also a likely option [must entrench that culture of dependence on the state - Ed] News Ltd reports today. The report says Prime Minister Julia Gillard is considering raising the tax free threshold to deliver a financial break to a larger number of Australians who will be hit by escalating cost of living pressures under a carbon tax. (source)
Everyone with half a brain (which obviously excludes Gillard and the Labor government) knows that the carbon tax won’t make the slightest bit of difference to “pollution” or the climate. People won’t use less energy or eat less food, they’ll just pay more for it. So it’s nothing more than a socialist experiment in spreading the wealth around, as someone famous once said…

6 comments:

  1. After looking into a few of the articles on your site, I truly appreciate
    your technique of blogging. I bookmarked it to my bookmark
    website list and will be checking back soon. Take a look at my
    website too and tell me how you feel.
    My webpage - The Fat Loss Factor

    ReplyDelete
  2. What's up, its fastidious post on the topic of media print, we all be familiar with media is a fantastic source of information.
    My webpage :: Pure Green Coffee Beans

    ReplyDelete
  3. This is one of the best posts I’ve read. It contains some very valuable and helpful information. Thanks for sharing. The Batman Riddler Jacket

    ReplyDelete
  4. Your site is good Actually, i have seen your post and That was very informative and very entertaining for me. Your site is good Actually, i have seen your post and That was very informative and very entertaining for me.

    ReplyDelete
  5. Your site is good Actually, i have seen your post and That was very informative and very entertaining for me. Robin Jacket

    ReplyDelete