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Sunday, July 10, 2011
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.