Friday, 30 April 2010

Rudd on taxes - a lesson too late for Gordon?

The Angry Exile, Upside Down Correspondent.

From The Age:

The federal government aims to cut the amount of tax faced by the vast majority of Australians, Prime Minister Kevin Rudd says.

In a key speech delivered three days before release of the long-awaited Henry tax review, Mr Rudd hinted he was also aiming to help small businesses and working families.

The review, by Treasury Secretary Ken Henry, is due to be published on Sunday when financial markets will be closed.

OECD table: How Australia ranks in tax take

The government is due to deliver its response on the same day. Speaking to the NSW Business Chamber today, Mr Rudd said the review and the 2010/2011 budget, due to be delivered on May 11, presented an opportunity to usher in a new "generation of prosperity".

"In our response to the Henry review, the government will make the tax system stronger and fairer," he told a breakfast meeting of the chamber.

"Improving the structure of the tax system by replacing inefficient taxes with more efficient ones and streamlining governments and administrations reduces complexity and makes the Australian economy more productive.

"Australia needs to respond, to remain an attractive place to invest and to do business."
Perhaps this makes him a bigot in Gordon Brown's book?

This lesson is probably - hopefully - too late for Gordon Brown who seems unlikely still to be PM this time next Friday, but it's not for the UK. Whoever is Prime Minister then could do the country a favour and start thinking along similar lines. It would mean more pain for the public sector but with £50 billion or so a year spent on quangos there's no shortage of heads to swing the axe at.


will jones 30 April 2010 at 03:14  

Well he has to do something to improve his gevernment's image and make up for the debacles of home insulation and school building/upgrading. Bucketloads of tax money wasted on shoddy workers leading to outrageous costs, deaths, ministerial sackings and inquests.

Angry Exile 30 April 2010 at 11:10  

Oh, true. Especially about the home insulation program that I've blogged here before. Frankly I blogged the tax proposals as much in surprise as anything.

Disclaimer - The posting of stories, commentaries, reports, documents and links (embedded or otherwise) on this site does not in any way, shape or form, implied or otherwise, necessarily express or suggest endorsement or support of any of such posted material or parts therein.

The myriad of facts, conjecture, perspectives, viewpoints, opinions, analyses, and information in the articles, stories and commentaries posted on this site range from cutting edge hard news and comment to extreme and unusual perspectives. We choose not to sweep uncomfortable material under the rug - where it can grow and fester. We choose not to censor skewed logic and uncomfortable rhetoric. These things reflect the world as it now is - for better and worse. We present multiple facts, perspectives, viewpoints, opinions, analyses, and information.

Journalism is (or used to be) the profession of gathering and presenting a broad panorama of news about the events of our times and presenting it to readers for their own consideration. We believe in the intelligence, judgment and wisdom of our readers to discern for themselves among the data which appears on this site that which is valid and worthy...or otherwise.

  © Blogger template 'Perfection' by 2008

Back to TOP