Monday, 19 March 2012
Ross Gittins Calls for MORE Tax
Socialist Morning Herald columnist Ross Gittins last week called for ''raised taxes'' and ''bigger government''. Gittins, a well-know Socialist is the ''Economics Editor'' of the SMH. What a shame his economic ideology is stuck in the 1950's. Gittins claims ''Our preoccupation with limiting overall government spending and taxation means crowding out spending on public services. We've squeezed spending on education - particularly at the tertiary level - which is an investment in the human capital of our future workforce. We've neglected investment in physical infrastructure and environmental protection'' How he can say this when we spend nearly $23 billion on education, $13 billon on infrastructure and $96 billion on ''general services''. In total, the federal government spent nearly $400 billion in 2011-2012 alone, excluding the NBN. We need to spend less, not more. We need to reduce taxes, not raise them.