Turnbull for PM!!
Australian issues - - Posted on March, 26 at 5:16 pm by Ken L
At last the opposition has shaken off its post-election tristesse and bounced back to the Great Policy Debate. And the inspiration, as I’m sure I don’t need to tell you, is PM-in-waiting Malcolm Turnbull*.
Malcolm has come up with ‘the first significant policy proposal by the Coalition since it lost government four months ago’, according to Phillip Coorey. And what a zinger it is!
THE billions of dollars to be raised from an emissions trading scheme should be given to the states in return for them eradicating a raft of inefficient taxes, the Opposition’s treasury spokesman, Malcolm Turnbull, will urge.
In a speech to be delivered tonight to the Sydney Institute, Mr Turnbull will argue that a sudden influx of revenue be seized on as an opportunity for tax reform. The first tax to be eradicated should be the stamp duty on property purchases.
Yes folks, forget Ross Garnaut’s silly ideas about using revenue from carbon trading to compensate people whose incomes take a hit when the new system is introduced. Let’s use it to kick-start a new property boom! Wheeeeeee!!!
With policy proposals like this they’ll be back in government in no time.
*Taking a lead from the long-lived Christian religion, the opposition is led by a trinity: the caretaker leader Brendan Nelson, the real leader Nick Minchin, and the PM-in-waiting Malcolm Turnbull. The real leader’s role will be to knife the caretaker leader when he thinks the PM-in-waiting has a realistic chance of ending the waiting and becoming the PM.
Posted in Australian issues |
March 26th, 2008 at 6:19 pm
In that case I support it 101%.
He he.
March 26th, 2008 at 6:37 pm
With assets of about $120 million, Turnbull wouldn’t have a hidden agenda, would he? Yup.
And would any frothing christian fundies give a rats about carbon trading or indeed our environment at all? Nah.
They had eleven years to profess their love for Mother Earth instead of the Great God of Dollars, and did they? Nope.
I could tell my pet donkey that the Liberals are actually nice caring guys but it’d kick me to death.
March 26th, 2008 at 9:52 pm
Alphabet Soup time.Take a N take a M,and,the wise see,from running fingers over dictionary,or last working the book numbers in low funded State Libraries,that with due diligence the next letter must be,O ,as in ostrich that has no head disappearing in sand.Then P like it was used at the urinal as justification for using a Q..as in piss off Quickly..and I have stated my case for Ken here without a doubt,in understandings of the forehead and south to mouth of Nicholas Minchin.!?
March 26th, 2008 at 11:36 pm
But, but, didn’t the GST go to the states so they would get rid of all those inefficient taxes?
March 27th, 2008 at 8:15 am
The very thought that Turnbull could ever become the leader of my country chills me to the core.
March 27th, 2008 at 8:44 am
We all know where the priorities lie with Turnbull and the Liberal Party - with business and the well-off.
And as we know, he has personal vested interests in wanting those said taxes removed. And he doesn’t give a damn about the Housing Affordability Crisis and the people who can’t afford to buy a home.
March 27th, 2008 at 8:52 am
Good start Mal and mates. The rationale here is to address climate change and to continue to develop renewable, cleaner and greener energy sources. The billions should be redirected to ensure the consumer does not need to pay any more for the alternative energy source, and any left over should be directed into Research and Development to stay ahead of the game. The Libs never learn, the health of the planet is at stake and they want to sacrafice that on the alter of scrapping a few taxes for his rich mates….and himself. These funds should not be treated as condsolidated revenue, but a pool to encourage usage and development of green energy sources. The future of the planet depends on it, and I would have thought any party that wants to engage with the people once again would prioritise this over the short term gain of a few bucks for a very few people. Back to the drawing board Richie Rich and your mob of half witted rabble.
March 27th, 2008 at 10:27 am
Petit Mal is just another Sydney spiv, as far as I can see. We’ll never hear any sensible proposals from him, just thinly-disguised self-interest.
March 27th, 2008 at 12:19 pm
Big Mal has never quite found his way in politics has he. The name of the game is to save the planet, not line his pockets. All moneys received from emission trading should be invested in helping people convert to and continue to use cleaner and greener power. This would encourage all those who Mad Mals mob has frightened off conversion actually take up the challange of saving the planet. Any surplus should be invested in Research and Development into clean, green renewable energy and cleaning up those shocking coal emissions. To cream money off the top of any practice that is profitable seesm to be the Liberal way, that’s why they has disinvented in education, health and climate change amoung others over the last 11 years on the alter of making their little mates richer. Mad Mal, it’s not a hard choice to make…either become a champion for the enviornment or stay greedy…to put it another way, the planet for the sake of our future generations or greed for the sake of you and your type here and now…and stuff the rest.
If this is the best Mad Mal can do, then Brylcream Brendon (Mr 7%) might have been the cream of the crap when they were looking for a leader.
March 27th, 2008 at 1:06 pm
Turnbull has a point though. Stamp duty is a lousy tax from an efficiency point of view. Getting rid of stamp duty would see more properties on the market, and would exert downward pressure on rising house prices.
Compensating low-income people who are hit by energy price rises does not have to be linked to the revenue generated by selling permits. In fact, imposing that kind of rigidity on public finance tends to lead to undesirable outcomes. The compensation should depend on what is needed, not what is available from permit revenue.
March 27th, 2008 at 2:32 pm
“The compensation should depend on what is needed, not what is available from permit revenue.”
True. The cost of abolishing stamp duty is also not linked to permit revenue.
The question is - if you abolish stamp duty is there enough money available to properly compensate people who are disadvantaged?
I don’t think Turnbull has considered that. He’s just coming up with some pie in the sky idea for media attention based on where his priorities lie.
“Getting rid of stamp duty would see more properties on the market, and would exert downward pressure on rising house prices”
Really? Are you able to show any links to support this?
March 27th, 2008 at 9:41 pm
Taking a lead from the long-lived Christian religion, the opposition is led by a trinity: the caretaker leader Brendan Nelson, the real leader Nick Minchin, and the PM-in-waiting Malcolm Turnbull. The real leader’s role will be to knife the caretaker leader when he thinks the PM-in-waiting has a realistic chance of ending the waiting and becoming the PM.
You forgot to mention their precious little flower girl Christobel Pyne & Pious Abbott the Witchfinder General.
Does that also mean that Julie Bishop is Satan & they are all held sway by her hypnotic deathstare?
PS, IMHO Turnbull is a smarmy piece of self congratulatory shit.