I'm going to presume the poster who refers to socialism as socialistism probably knows less than nothing about socialism.Labor penalises success and rewards failure. Their philosophy is in line with their socialistism beliefs.
This is what political parties with zero fiscal knowledge do.
Instead of creating an environment that encourages the economy to flourish and thereby encouraging spending, creating jobs, promoting investment, etc, Labor simply increases taxes against those who advance our economy so that they can appease their voters who are lazy and expect the state to support and assist them.
This is indisputable. Labour hasn't delivered a surplus for 30 years. For those who vote Labor or Greens a surplus is the opposite of a LOSS.