Comments on: Thoughts on the budget

By: Club Troppo » Missing Link Daily

Club Troppo » Missing Link Daily — Mon, 21 Jul 2008 19:32:15 +0000

[...] the Budget reactions are still coming in; Andrew Norton believes it was disappointing. Temujin agrees.Jeremy decries the hand-out mentality of some Australians. dr. faustus thinks alcopops are drunk by [...]

By: Joseph Clark

Joseph Clark — Fri, 16 May 2008 04:57:29 +0000

I think you’re being unfair on the funds issue. The more funds the government sets up the more money flows to funds management and to fund managers. Don’t you care about my welfare?

By: TerjeP (say tay-a)

TerjeP (say tay-a) — Thu, 15 May 2008 22:24:45 +0000

I haven’t being following the budget very closely due to an abnormally hectic schedule. So thanks for answering all my questions about the budget in a neat concise summary.

Amen to replacing LITO. Like the medicare levy it serves no useful purpose beyond political presentation. In analytical terms it just muddies the waters. But heck we means test everything else so why not means test tax breaks. If we can have progressive tax, means tested benefits and means tested tax breaks all overlayed in a complex maze just so nobody has a clue where they stand then why the heck not?

By: DavidLeyonhjelm

DavidLeyonhjelm — Thu, 15 May 2008 03:46:11 +0000

The Liberals should frankly shut up – they have nothing of value to add.

Worse than that, they are being positively idiotic. How can they claim to be good economic managers when all they want to do is increase taxes and spending. It’s bizarre.

By: pommygranate

pommygranate — Wed, 14 May 2008 23:00:38 +0000

Temujin

Fair assessment. It’s a missed opportunity for the ALP to genuinely cut spending. When they say ‘cut’, they mean lower the growth in spending from 4.1% to 1%. The Liberals should frankly shut up – they have nothing of value to add.

The ability to draw down capital from the Future Fund is a real negative, though. The rest is just garnish.