Even Fran O’ Sullivan has been moved to admit (ht: ianmac) that our current Emperor has no clothes:
Speaking frankly, aren’t we all starting to get a bit concerned that the National-led Government seems asleep at the wheel when it comes to dealing with our snow-balling debt?
Speaking frankly, some of us are more than “a bit” concerned, and have been for some time. Anyway, Fran goes on to outline her very own right wing action wish list:
1 – MASTERMIND A REAL TAX SWITCH
Ramp up GST to 20 per cent. Sure it’s regressive…
2 – REVAMP SUPER
Means-test New Zealand Superannuation and move the qualifying age for the able-bodied to 67 by 2017 …
3 – SLASH MOST PUBLIC SECTOR PAY RATES BY AT LEAST 10PC
… Most top state bosses could usefully take a 30 per cent – or more – haircut …
4 – AXE THE MINISTRY OF ECONOMIC DEVELOPMENT
Let’s face it, the ministry was mainly a sop to Jim Anderton …
5 – INTRODUCE A CAPITAL GAINS TAX AND/OR LAND TAX
… It is quite simply a nonsense to continue to run a system which protects the asset-rich …
6 – MEANS TEST GOVERNMENT GRANTS FOR CREATIVE INDUSTRIES
… Axe all top-up student funding for topics such as “gender studies” and the like …
7 – INCREASES IN TAXES
Savagely increase excise taxes for alcohol and tobacco …
8 – TELL LEN BROWN TO GET THE AUCKLAND COUNCIL TO FUND ITS OWN RAIL INVESTMENTS
… If the council was smart it would simply sell down its Auckland International Airport Holding and/or Ports of Auckland …
9 – BRING IN A BANKING PROFITS LEVY
… Step-up prudential supervision so banks can’t fund another era of excess …
10 – ROLL BACK LABOUR’S ELECTION BRIBES
… Nor can we afford interest-free student loans …
There’s a couple of points I agree with, but not many. I think we need to do better. Much better. So what would a leftie action list look like? What would be items on your top ten list for reducing debt?
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