Congestion Tax
Wayne Swan’s October tax summit is set to deliver on public expectation, but don’t get too excited just yet. Expectations of root and branch tax reform are lower then the chance of Julia Gillard keeping her next promise.
Australia’s productivity slump cries out for sharp and fierce action to remove the dead wood our economy is carrying. But you won’t find relief anywhere in the Treasurer’s plans.
If the release of the Treasurer’s insipid discussion paper is anything to go by, the same few unenthused journalists might make an appearance to cover the announcement of the 1 or 2 revenue neutral changes that will eventuate from this talk fest.
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