My interview on tax policy - why raising taxes is a last resort. http://m.media.smh.com.au/news/federal-politics/talking-tax-reform-6271716.html …
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@BernardKeane You serious? Both tax and spending growth trajectory as share of GDP lower than we inherited from Labor.@AngusTaylorMP -
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@MathiasCormann@AngusTaylorMP am I serious? they're your own budget paper figures Mathias, "growth trajectory" (!) or not -
@BernardKeane Quoted in isolation of the trajectory we inherited. Your assertion inaccurate.@AngusTaylorMP -
How is my assertion "inaccurate"
@MathiasCormann? Your budget papers show you're taxing us more as a % of GDP than Labor. Are they wrong? -
@BernardKeane For an accurate comparison you need to look at the trajectory we were on under Labor. 1/2 -
not sure how repeating the word "trajectory" makes 22.1% magically lower than 21.6%
@MathiasCormann -
@BernardKeane You can't look at a moment in time in isolation of the two alternative forward trajectories. -
so, are you going to take more from the economy as a % of GDP than Labor did this year via tax,
@MathiasCormann? - 4 more replies
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@BernardKeane and that is before we take fall in tax revenue estimates on back of significant falls in commodity prices into account. -
@MathiasCormann@BernardKeane and what about near record levels of govt spending? Can't blame iron ore prices for that -
@TheKouk@ItsBouquet@MathiasCormann@BernardKeane You bet your house on it that he will come out with the old lines It's Labors Fault mate
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@BernardKeane Hollow words@AngusTaylorMP Abbott govt is high debt high tax - big on fear, lies and broken promises; bad econ/budg managersThanks. Twitter will use this to make your timeline better. UndoUndo
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@BernardKeane removal of carbon & mining tax obviously had the effect of reducing growth in tax as share of GDP. -
@MathiasCormann@BernardKeane "Obviously"? Is that the best you can do, Min.4 Finance? How about some facts!
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@BernardKeane@AngusTaylorMP You and your so-called 'facts'Thanks. Twitter will use this to make your timeline better. UndoUndo
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@BernardKeane@TatteredRemnant@AngusTaylorMP an inconvenient truthThanks. Twitter will use this to make your timeline better. UndoUndo
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@BernardKeane@apgf2009@AngusTaylorMP The Aberdeen Angus is full of bull shit.Thanks. Twitter will use this to make your timeline better. UndoUndo
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@BernardKeane@davidbewart@AngusTaylorMP because there isn't enough workers left to make up the shortfall from axing tax on the rich co'sThanks. Twitter will use this to make your timeline better. UndoUndo
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@BernardKeane And unlike Labor which banked on indefinite bracket creep in their revenue estimates we put 23.9% cap on tax as share of GDP.Thanks. Twitter will use this to make your timeline better. UndoUndo
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@BernardKeane @TheAbbottoir@AngusTaylorMP Sell Government Companies which are profitable, Eventually tax revenue is all that's left#auspolThanks. Twitter will use this to make your timeline better. UndoUndo
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