Editorial – 10 July 2011
Posted 10 months, 1 week ago at 11:44. 3 comments
The future now Australia has a carbon tax
by James Fairbairn – Editor
And so it came to pass. A minority Australian government introduces a tax worth billions of dollars a year for which it had no electoral mandate. Despite the endless public relations campaign selling the tax there are a few certainties for the people of Australia to expect in the future.
The cost of the tax will be passed on by corporations to the end users, and as all the tax breaks and handouts will slowly evaporate over time and everyone will ultimately pay. Except perhaps those who can afford good tax accountants and lawyers such as the personally rich and large corporations, who experience shows manage to avoid such frightful unpleasantries unlike the rest of us mere mortals.
Future governments of the day will benefit to the tune of billions upon billions of tax dollars, and so will never be able to abolish the tax due to the hole it would leave in the public exchequer.
Bureaucracy will flourish as reams of pencil pushers calculate a web of tax and rebates.
That Goldman Sachs and their friends in the banking work will ultimately profit massively as the scheme moves into carbon trading, which is due to commence within 3 years, and if ultimately brought in worldwide will lead to the creation of a market, according to the Wall Street Journal to be worth $US 3 trillion per year.
And that despite all the tax, the impoverishment for most, and profit for a few, the world’s climate will not be affected a jot.
Carbon Tax Mark 4? A Stealthy Cancer.
Carbon Tax Mark 4 is flimsy but dangerous.
Because of public opposition to a new tax on everything, the tax has been gutted. The PM hopes to buy public support by giving exemptions to almost everyone and offering widespread bribes to voters. It is now feeble and ineffective.
But the Green-Gillard coalition is desperate and such people cannot be trusted. They will say or promise anything in order to get this new tax introduced.
Once on the law books, the exemptions will be whittled away, the tax rate will increase and the tax bribes will disappear. It is a stealthy cancer in the gut of the Australian economy.
The cost of electricity, food, fuel and travel will increase, but few people will recognise the root cause. Politicians will blame “Woolworths, power suppliers and Big Oil” for the pain.
This new stealth tax is the thin edge of the wedge.
It will have no effect on the climate, but is a fiscal weapon too dangerous to be left in the hands of green extremists.
Leaving Bob Brown loose with the vast powers of a carbon tax is like leaving the grandkids alone in the hayshed with a box of matches.
“Abolish the Stealth Tax” will be the next election slogan.
Viv Forbes
Does it surprise you so much that we don’t have ‘democracy’ anymore? That the Austrlaian community is no more represented by their elected members? That MPs must bow to THE PARTY or not get preselection, ie be turfed out of their job, or not get the chance to run in the first place if they have any moral values and integrity? And who rules THE PARTY? Sounds very communistic to me… But look at the rest of the world… The cancer has spread everywhere. The massive demonstrations in Greece (birthplace of democracy) by ordinary citizens did not influence the vote for austerity measures imposed by the banksters one iota. Why they even bother to go through the fiasco of voting anymore is beyond me. We are all now prisoners, chattels and serfs of the IMF, BIS, WTO, WHO etc… They own us and our future generations (if we don’t go sterile from so many toxic exposures and stress in the meantime). Stop pretending that we still have a say. Get real.
I have always wondered on election day how and why do I make a choice between a”pile of rubbish” and a “heap of garbage” or is it “dumb and dumber”.Let us hope that “the Lucky(lazy) Country” will get off its arse and fight this travesty. CO2 is life