Monday, May 10, 2004
Ye Gods - good sense from The Herald
A good editorial in The Herald today - one can only hope it makes its way to Level 9. The highlight was pointing out Labour's obsession with tinkering and redistribution - totally unnecessary. What odds of the Government listening? Zero sadly.
When the Government is raking in $7.4 billion more than it needs it is time to look at tax reductions more generally. The promised relief in the coming Budget for low- and middle-income earners could, and should, take the form of income tax cuts, except that this Government seems to have a philosophical objection to them. It prefers to reimburse taxpayers through benefits and public service spending, which keeps state servants employed and wastes money on the way around.
