As a conservative libertarian I support the Australian Government’s plan for company tax cuts. I believe that more money in the hands of business means they can invest more on the progression of their business. This progression means more staff, more infrastructure and more innovation which all leads to growth within an economy. Singapore has a company tax rate of 17% compared to Australia’s 30% – they are our close neighbors. US President Trump recently cut their company tax rates down to 21% from 35%. If Australia wants to be competitive within the world market we ought to do something about our company taxes and given that Singapore is in close proximity to Australia, one must not be surprised if company’s invest more there.
Pauline Hanson’s One Nation (PHON) holds crucial votes in trying to pass this dynamic move by the Federal Government. Senator Hanson – Leader of PHON – who once supported the cuts, decided to pull her support and implemented a set of demands. In terms of political capital this can only benefit PHON as it can demonstrate they can negotiate whilst flexing their muscles.
Senator Hanson’s demands are issues which are ‘red hot’ amongst voters. Immigration is spiraling out of control and we are seeing migrants not assimilating and thus creating ghetto’s; pensioners are struggling to keep warm over winter because they can’t afford their power bills yet we seem to give billions of dollars in foreign aid. These issues are real and PHON – rightly so – have managed to find a way to address these issues through negotiating with the Government over it’s company tax cut plan.
Today, PHON Senator Brian Burston has announced that he will go against the will of his leader and support these company tax cuts. Senator Burston’s move have done nothing to help the One Nation cause. In fact many media outlets are reporting that One Nation is divided and Hanson herself has come out swinging against him, hinting that he probably wont be pre-selected for NSW Senate ticket at the next Federal Election. Senator Burston has been poorly advised on this issue. This issue goes beyond company tax cuts, it goes deep into the soul of what One Nation wants to achieve as a political force within the senate. On the other hand, Pauline Hanson herself should have shut down any suggestion that there is a rift and kept this in house.
Senator Burston is a honourable man. What he says and what he does he truly believes in but in politics sometimes it’s important to hold your tongue to ensure the greater good is achieved. The greater good by holding back on supporting these great tax cuts is that PHON could have achieved a serious conversation about immigration, energy policy and the living standards of our pensioners. Unfortunately PHON looks like a divided political party on the brink of destruction.