NSW Labor has a new tax scam. If you want a new car, I suggest you buy one now!

It’s been awhile since I have posted anything. The reason for that is because nothing exciting is happening despite that in NSW we are expecting to have two elections this year. A State election in March and a Federal election, possibly in May, depending on the shit storm in Canberra.

This morning I was reading the Daily Telegraph sipping my Nespresso latte’ with two sugars when I almost spat it out in shock and awe over NSW Labor’s new tax grab. I mean these cretins are not even in Government yet, and as my previous prediction still stands, they won’t win Government, but in order for them to fund more nurses and midwives – 5500 exact – they intend on increasing stamp duty on boats and cars. Now I don’t own a boat. Probably never will. However I do own a car and I think most Australians do. Now at the moment according to the Daily Telegraph, in NSW we pay $3 for every $100 in stamp duty for vehicles over $45,000. Under Labor’s new scam, they want to increase that to $5. Now, I am no socialist but pretend I am a left wing socialist luvvie, this is great news because it gets to fund for an extra 5500 nurses and midwives YAY!!!

Hold on!

Labor’s new scam will only generate $240million over three years yet it’s going to cost the Government about $500million to fund this policy. Shit! I am not that good at maths but isn’t that $260million short of $500million??

Hmmm.

So where will the other $260million come from? Even the NSW Labor Leader Michael Daley admits there is a shortfall but has declined to mention how they will fund for it.
Mr Daley goes on to say that the top end of town needs to pay their fair share, so is he suggesting that people in rural areas who are already struggling with farming costs, with the drought and lack of COAL power, that they are the top end of town? Many farmers own vehicles which often cost more than $45,000 to be able to perform their duties as farmers. This will just add further heartache for hurting farmers in the bush.

This scam by NSW Labor is just policy on the run. It is a feel good initiative for Labor to try and win votes from the apathetic voter. This is what Labor does best, they hide tax grabs by covering it up with feel good emotive populist policies. No Australian would say no to more nurses and midwives however it does come at a cost.

 

 

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s