26 November 2013

Liberals gunning for Andrew Barr's tax plans

| johnboy
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The Liberals’ Brendan Smyth is turning up the heat on Andrew Barr and his tax reform plans:

This morning the Canberra Liberals will call for a privileges committee to be established to investigate whether Treasurer Andrew Barr is in contempt of the Legislative Assembly over refusing to table all documents relating to ACT Labor’s tax reforms, Shadow Treasurer Brendan Smyth said today.

“Earlier this year the Opposition directed Andrew Barr to table all analysis of the impacts of the Government’s tax reforms. He has failed to do so,” Mr Smyth said.

“We’re now calling for the Assembly to vote to establish a Select Committee on Privileges to examine whether Mr Barr is in contempt of the Assembly by failing to produce all documents.

“Canberrans have a right to know how tax reforms implemented by ACT Labor have affected their cost of living and the Canberra Liberals want to get to the bottom of why rates are increasing across the ACT.

Rates are going up because stamp duty isn’t going to cut it during the real estate crash that’s coming. The End.

This will, however, put Shane Rattenbury in a sticky position as the Privileges Committee will have his vote as casting. Will his loyalties lie to the people, the assembly, what’s just right, or the government?

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Minister Barr, surely you’ve got nothing to hide – just come clean and table all the governments tax reform documents.

Andrew Barr said :

We aren’t funding cinemas. We have sold a block of land to a developer for the purpose of a cinema. Quite a big difference.

You must have been happy that the Krnc Group sold their IGA at Hawker to Woolies just in time to get some ready cash to fund construction of the ‘pictures’. What happens if you don’t find an operator…will the theatres remain closed or converted into a tram stop?

We aren’t funding cinemas. We have sold a block of land to a developer for the purpose of a cinema. Quite a big difference.

HiddenDragon1:48 pm 26 Nov 13

davo101 said :

There is a timely article on this very subject in the Age today.

It will be most interesting to see what happens on this score in other jurisdictions, where election results are somewhat less, shall we say, predictable than in the ACT. The push is obviously on amongst the economic commentariat for the shift from property transaction taxes to land rent/taxes but it is difficult to imagine much happening elsewhere unless there is bipartisanship (not bloody likely) or a national consensus – which might involve some federal assistance/incentives (again, unlikely, given the pressures on the federal budget).

If we had an ACT Government capable of running a truly efficient, no-nonsense operation (i.e not funding cinemas etc. etc. etc.) it might be easier to accept the argument that there is no alternative to substantial increases in rates.

There is a timely article on this very subject in the Age today.

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