5 Jun 2016
Strange modelling used to sell company tax cuts
We're told that cutting the company tax rate will lead to greater economic output, higher wages and more jobs. But the modelling used to support these claims is based on assumptions that are divorced from reality.
There's an old joke about an economist, a physicist and a chemist stranded on a desert island with no implements and a crate of canned food that washed up from a shipwreck.
While the physicist and the chemist set about devising novel ways to open the cans, the economist says: "Let's assume we have a can opener."
Its obvious that the LNP modelers not only assume they have a can opener but they have a full set of tools as well. Problem:- If they're only assumed tools they still can't open the can?
Griffith Review During the 1970s, a handful of the Americas wealthiest corporate captains felt overtaxed and over-regulated and decided t...
You would only trust about Tony this much. He's already said, only believe what he says it if it's written down. The former Labor...
Exert from an article by Imre Salusinszky Years of involvement in political media messaging have convinced me the opposite is true. Ou...
Canberra:- A war zone in Woden, buildings boarded up, windows smashed, a bloody mess for seven years.SEVEN YEARS OF NEGLECT. GUESS WHO'S FAULT? NOBODY? ITS ALWAYS SOMEONE ELSE'S FAULT. BUCK PASSING IS THE NAME OF THE GAME ...