Since the Liberals introduced the new IR laws, Labor and the unions have been running a scare campaign against these laws, commonly known as the ‘your rights at work’ campaign.
But my question is this;
If Labor and the unions care so much about ‘your rights at work’ then why do they support a policy that would chip away at the very reason we all go to work? That reason being money!
The policy I’m talking about is of course Wayne Swans (and Latham’s) tax policy which from what we have been told thus far is the one that Labor will take to the upcoming election.
Obviously yesterday’s announcement on tax from the Liberals has shaken Rudd up a bit and he says that he will review the Liberals new tax policy and come to a conclusion on what to do in the lead up to the election. Excuse my language but what a wank that is! The simple fact is that Kevin Rudd and Wayne Swan were attacked on this very issue months ago and they have had every chance to address it properly.
Please note that the tax rates in the quote below don't include yesterday’s further tax cuts, so Labor has been well and truly behind on this issue for quite some time.
here is the Liberals new tax policy announced yesterday, oh and I have to say thank you to trinity because I stole this from your threadLabor’s “Back To The Future” High Tax PolicyYesterday Labor’s Wayne Swan secretly distributed a document entitled “The Treasurer’s Economic Myths”. He did not have the courage to post it on his website or release it publicly, where it might have been subjected to scrutiny.
“Myth 6” reads: “The Treasurer claims that Labor doesn’t have a tax policy”.
To rebut this “myth”, the document points out:
“In May 2005 Labor outlined its alternative tax plan”
If this plan is Labor’s alternative then it would leave every worker on more than $10,000 per annum worse off.
Set out below are the Labor tax scales compared with those which apply under the Coalition.
Labor: a “welfare to work” bonus that would provide an effective $10,000 tax free threshold for people earning up to $20,000 per year.
Coalition: a Low Income Tax Offset that delivers an effective $11,000 tax free threshold for low income earners and phases out from $30,000 per year.
13 June 2007
new tax plan.jpg
If Labor take their current tax policy to the polls and win the election then nothing will stop them from bringing it into force in the future. It will be a good way for a Labor federal government to make a quick buck if things go a bit pear shaped!