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Definitely need education changes. Kids shouldn't be forced to attend school if they have no interest in it. Allow them to go to trade schools like some have suggested. Currently there is VCAL but that doesn't come close to tech school, and TAFE is generally in your own time.
The LDP are already close to the perfect party. Lower taxes, smaller government, greater freedoms.
Terrible idea. Taxing people who save and invest is one of the worst ways to build wealth across the country. It would do the exact opposite of what we want and would end up with a even more investment from overseas being required.Any of these policies on their own would do it:
Introduction of wealth tax in place of income tax (net taxes remain the same)
Removal of negative gearing on housing
Removal of superannuation tax rorts for high income earners.
100% increase in education spending to be paid for by a halving of defence spending and an increase in the GST
Removal of all subsidies to established private industries (manufacturing, mining and anyone else)
There are probably many more as well
thats not what a wealth tax, as compared to a income tax does. it actually encourages more and better investment and saving by giving more income to hard workers and people with ideas, as compared to re-distributing income based on heriditary lines.Terrible idea. Taxing people who save and invest is one of the worst ways to build wealth across the country. It would do the exact opposite of what we want and would end up with a even more investment from overseas being required.
thats not what a wealth tax, as compared to a income tax does. it actually encourages more and better investment and saving by giving more income to hard workers and people with ideas, as compared to re-distributing income based on heriditary lines.
IIRC, that is only because company profits were so high. If you look at the introduction they did of family tax benefits and the series of tax cuts, individual taxpayers were a lot better off than the decade prior.Or so they'd have you think, Howard's was the highest taxing government in history.
And how's that worked out?IIRC, that is only because company profits were so high. If you look at the introduction they did of family tax benefits and the series of tax cuts, individual taxpayers were a lot better off than the decade prior.
No it doesn't, it encourages people to work for someone else and take a salary, instead of saving, investing and building up their own business. Why take a risk when the government will just tax any wealth you build up?thats not what a wealth tax, as compared to a income tax does. it actually encourages more and better investment and saving by giving more income to hard workers and people with ideas, as compared to re-distributing income based on heriditary lines.
What do you mean? It turned out fine, the budget was always in surplus and people had a good standard of living.And how's that worked out?
The Labor government then ****** it up increasing spending but not having appropriate matching revenues.
GFC ended about 5 years ago for us. Since then, tens of billions in new commitments were made, unrelated to the GFC (higher health funding, Gonski, NDIS, etc). However nothing was done on the revenue side of the equation and no compensating cutbacks were made to match these higher commitments.to be fair no government on the planet was increasing revenues during the GFC.
GFC ended about 5 years ago for us. Since then, tens of billions in new commitments were made, unrelated to the GFC (higher health funding, Gonski, NDIS, etc). However nothing was done on the revenue side of the equation and no compensating cutbacks were made to match these higher commitments.
It is like when Swanny whinged about how revenues were less than expected, so his surplus evaporated. We actually ended up with an 8% increase in revenues, but they needed somewhere around 12% to make up for the massive increases in expenditure.
I actually like the idea of a technocracy. Not sure in what capacity, but think of it this way. You have the best people in each field running a portfolio with all groups liaising with each other. The idea is that you have professionals making the right or best decisions NOT based on vote getting. This is one of the major problems with our political system in that they pretty much splash out in vote getting exercises. Quite often the 'right' and tough decisions aren't made because of public opinion. Quite often politicians ignore good advice anyway.I'm not promoting a pure technocracy. But getting experts in for reviews would be a start. Then not just immediately ditching 95% of the recommendations in the too hard basket would be nice too. Of course politically this might be fraught but they'd win me over.
I don't think you're getting it.
Two generations ago people left school before 16 (after 10 years of schooling) and were able to find gainful employment that allowed them to live reasonably comfortable lives in a modern society.
It's increasingly becoming the case that if you don't devote up to 16-17 years to schooling you won't find gainful employment. At a significant cost to both the individual and taxpayer.
The Senator for the illiterate, the guy only got in because people thought they were voting for the Liberal Party. His credibility is not strong.
That is what most public schools are today, except that 18yos fresh out of school have a hard time finding an apprenticeship (unless they know somebody) because they have learned no practical skills in their 13 years of school. Off to retail, call centres or factories for a large portion of them. Unless they want to do a preap course at tafe which they could have been doing instead of 'english', 'general maths', 'sport/HPE' and [insert bullshit elective here] for the past several years.
The German education system makes so much more sense than ours, it isn't funny. I'm not calling for that kind of radical change; just a few tech schools dotted around the place where kids who are clearly going nowhere academically by, say, the end of Y8 can transfer to learn skills they might actually use in the workforce - and leave the kids who want to continue booklearning alone.