BUDGET WEEK

The farce of another Australian federal budget will take place on Tuesday night.

Following the budget:-

–          Some people with kids at school will receive a handout to help spending happen.

–          Education will remain desperately short of adequate funding.

–          Public health will remain desperately short of adequate funding.

–          Infrastructure will remain desperately short of adequate funding.

–          Businesses failure and unemployment will accelerate.

–          Taxation will remain unreformed along the lines recommended by The Henry Tax Review.

And

Greedy billionaires will be allowed to continue plundering, hand over fist, the one-third of the economy that is Australia’s economic rent – the publicly-generated rent of our land and natural resources.

That’s because they’re powerful and well-connected, and we, the 99.9%, are stupid.

Economic collapse will proceed apace because the tax regime continues to reward rent-seeking.

Here’s Britain’s Ann Pettifor breezily exposing banks to be our biggest rent-seekers.

Tell politicians to stop doing the bidding of these parasites.

 








This entry was posted in The GFC can be ended by capturing economic rents for revenue. Bookmark the permalink. Follow any comments here with the RSS feed for this post. Both comments and trackbacks are currently closed.

Copyright © 2009 WordPress › Redesigned by Mitch O'Brian › Based on Shape.