Jim Chalmers is talking about relieving the pressures on family budgets by indexing social security payments. Yet he says nothing about indexing the personal income tax brackets.It is a shame for all our politicians that they do not call out and correct the insidious impact of inflation on family incomes by not indexing our income tax brackets. This increases personal tax by stealth!If there is a need to tax the population more it should be made to the public, and a case for how to spread the revenue load should be presented.Taxation by stealth is unconscionable conduct.
In Australia’s recent past, there have been many failures by
our political leaders to address significant issues effectively. This has
robbed many Australians of opportunities for a better life, led some to
untimely deaths and wasted billions of dollars. We are now struggling to overcome
the legacies of this ineffectiveness, and future generations will bare
significant economic and opportunity costs.Examples of what a Royal Commission should examine
are:Defence weaknesses in strategy, and procurement; Covid lockdowns and payments; Turning abundant supply into a gas crisis;Losing our energy competitive advantage;Infrastructure and housing shortages; NDIS inefficiency and runaway costs
Australia has many policy issues that are in the
political “too hard basket” for the required level of change. These issues are
complex to fully understand, and some surface strong and varying attitudes
across the community. We have a freshly installed federal government
saying it wants to re-establish trust in government and build a better
Australia. Rebooting our democracy would be an excellent place to start.
https://www.aicd.com.au/good-governance/public-trust/organisation/democracy.html
