Left’s tax­ing level of hypocrisy

The Cairns Post - - VIEWS - Ju­lian Tom­lin­son ju­lian.tom­lin­son@news.com.au


HYPOCRISY and dou­ble­s­peak abound in pol­i­tics, and North Queens­lan­ders can be for­given for won­der­ing what La­bor re­ally stands for when it comes to tax.

Eye­brows were raised when fed­eral La­bor leader Bill Shorten re­cently an­nounced his op­po­si­tion to the Adani coal mine – con­tra­dict­ing his Queens­land La­bor Premier An­nasta­cia Palaszczuk.

But it ap­pears La­bor also can’t get its message straight on tax.

Tax breaks for busi­ness hit the head­lines this year when US Pres­i­dent Don­ald Trump im­ple­mented tax cuts, par­tic­u­larly for busi­nesses.

The Left howled at such gen­eros­ity shown to those nasty cap­i­tal­ists, and Mr Shorten bris­tled at sug­ges­tions Aus­tralia should fol­low suit.

He par­roted the age-old trope that “trickle-down eco­nom­ics” doesn’t work, that tax cuts for busi­ness only ben­e­fit the rich. But this month, Ms Palaszczuk de­manded that Aus­tralia dou­ble tax off­sets for movie com­pa­nies to stim­u­late Aus­tralia’s film in­dus­try – some­thing North Queens­land would def­i­nitely ben­e­fit from.

This ob­vi­ously means tax pol­icy does in­cen­tivise pro­duc­tiv­ity and in­vest­ment, and Aus­tralia should def­i­nitely fol­low the US lead.

The La­bor pol­icy para­dox should be a ma­jor red flag to vot­ers and those who nod fu­ri­ously when union lead­ers and ALP tub thumpers start sav­aging the “rich”.

Left-wingers world­wide con­tin­u­ally de­mand equal­ity of out­comes.

They think any­one with a lot of money should be forced to share it by way of puni­tive tax rates.

Con­ser­va­tives world­wide talk about equal­ity of op­por­tu­nity and us­ing tax not to pun­ish suc­cess, but to in­spire and re­ward it.

Ev­ery able-bod­ied male in the North has the op­por­tu­nity to play for the Cow­boys, but mil­lions won’t.

For those few, a Cow­boys con­tract is just re­ward for mak­ing as­tute choices and sac­ri­fices.

No one de­mands that the Cow­boys lower their se­lec­tion cri­te­ria.

But the Left be­lieves ev­ery­one should get to play for the Cow­boys. This is pure folly.

And when it comes to fi­nan­cial pros­per­ity, some­one en­joy­ing bet­ter out­comes than oth­ers isn’t al­lowed.

La­bor’s re­sponse – and the Lib­er­als’ in re­cent years – is to tax the hell out of any­one who has made a go of it and share that wealth with peo­ple who haven’t made a go of it.

If La­bor could some­how leg­is­late against good luck, it would.

The Prime Min­is­ter’s of­fice es­ti­mates that La­bor’s pro­posed fed­eral tax poli­cies will cost ev­ery man, woman and child $6000.

The real­ity is that only the top earn­ers, who al­ready carry an un­fair tax bur­den, will be slugged.

In Queens­land, the newly elected La­bor Govern­ment snuck in four new taxes that mainly af­fect “the rich”.

This week, Mr Shorten an­nounced new tax rules on “rich re­tirees” with shares, on top of un­fair su­per­an­nu­a­tion taxes on the same group.

This class war­fare ap­peals to petty jeal­ousies, and sends a clear message that if you work hard and save for your re­tire­ment, make as­tute in­vest­ments and limit your reliance on the pen­sion, you will be pe­nalised.

It says you can make poor life de­ci­sions and the govern­ment will look af­ter you – with other peo­ple’s money. It al­lows peo­ple to think the rich don’t de­serve their wealth and that they must be forced to share it.

This is So­cial­ism 101, an ide­ol­ogy that’s a proven ab­ject fail­ure.

Mr Shorten’s claim he’s plug­ging a loop­hole com­pletely ig­nores the fact “rich re­tirees” have shoul­dered a huge and dis­pro­por­tion­ate tax bur­den al­ready for much of their work­ing lives.

But be­cause lazy gov­ern­ments can’t curb their spend­ing, the de­mand for rev­enue is un­end­ing and grow­ing.

Win­ston Churchill is quoted as say­ing: “A na­tion try­ing to tax it­self into pros­per­ity is like a man stand­ing in a bucket and try­ing to lift him­self up by the han­dle.”

The di­ver­gence on tax phi­los­o­phy be­tween Mr Shorten and Ms Palaszczuk means North Queens­lan­ders should take with a grain of salt any at­tacks on tax cuts for busi­ness and high earn­ers.

Puerile tax raids on the more pros­per­ous few – along with the in­evitable “eat the rich” howls of protest – are un­fair and our politi­cians should aban­don the tac­tic com­pletely.

A flat tax should def­i­nitely be part of any talk on tax re­form.

HOME RUN: Lim­it­ing your reliance on the pen­sion at­tracts tax penal­ties.

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