I have often wondered about our tax system jumped onto the tax office website and gone shit this is too hard you can just work this out in your head.
As it turns out this seems to be the same approach our government takes when they make decisions about taxation and then leave it up to some dude at the tax office to slide it in with all the other stuff on their website eliminating anything that might be seen as conflicting with the new.
So when it comes to giving tax cuts it’s even easier the dude at the tax office just needs to change a few numbers and it’s a done deal apparently. Well that’s the way it worked in my head anyway.
I took notice that the Americans had given a tax cut to their companies from some number to another and I said to myself what would our government do.
It was then I thought omg they would just do the same and so I quickly negotiated a new company tax rate in my head which automatically reduced unemployment and brought the price of goods down for consumers. Genius!!
But I quickly realised that consumers Were not as smart as me so I would have to give them a tax cut too. Bugger!!
Then I remembered that just last year the government had increased taxes on something or other and with the drop in unemployment and the reduction in unemployment benefits there would be more money to spread around without touching the bottom line.
Not only that I may well get a few gifts from a the wealthy business owners to actually make this worth my while. No decelerations required In Karasia. Bonus!!
Ok a personal tax cut modest of course to go along with my company tax cuts would work in Karasia while totally explaining how the governments tax cuts were going to work in the real world. Bloody genius again!!
The dude at the tax office is going to be a bit pissed though. So I might have to give him a bonus or just transfer him to a better job once he’s finished. Perfect that will save my pork loins once I’m out of office.
So this is how it’s going to work.
The companies are going to pay less tax but they are going to hire more people to produce more stuff to sell. Obviously.
The people are going to buy more stuff because they all have jobs and are now getting to pay off their Amex card a little bit at a time.
Hopefully they are buying electronics (note: dinner with JB hifi dude) which all have lots of GST on them.
Then the added bonus: consumption of electricity will rise which the government get a chunk of GST from.
Shouldn’t forget that poles and wire charge it’s a real money spinner.
So god damn the money is now rolling in like it has never rolled in before. Woohoo!
It’s a shame that the states sold off their electricity grids or they wouldn’t be expecting a greater share of the GST and the government would be able to afford to give hard thinking politicians a pay rise without the people whinging about it.
Might have to sneak that in at Xmas when their all busy.
All in all I think this trickling down tax thingamajig is going pretty well so far and the people should be pretty quiet. It’s going to take weeks for them to join those dots.
if I can only find a way to get the supermarkets to stop raising prices and screwing with the consumer price index.
I know Just a hint of a royal commission into price gauging should see more two for one deals popping up. Too expensive to actually do it so a hint here a hint there. Yep that’s gonna work.
Of course inflation is going to be out of control but only the rich smart people look at those numbers and even they don’t understand what the hell they are looking at.
Now I just have to find someone to blame if it all screws up. Ah that can wait I’m gonna be pissed with someone at the time it can just be them. Genius!!