Fiscal arrogance

The Prime Minister’s assurance that her useless tax will bring a permanent inflation of prices may be right. But I’m astonished to see her use this as advocacy; the arrogance of this statement suggests she has lost touch with the concerns of the “battlers” her party claims to represent.

“She warned that while Mr Abbott could abolish the carbon tax compensation he could not remove all the tax’s price impact. The Prime Minister said Mr Abbott’s pretence that he could do this was “unbelievable”. She said his position was the equivalent of Labor saying in 2001 that by repealing John Howard’s GST “we could have made every retailer in Australia put every price sticker on every good, in every shelf in every shop in the nation, down by 10 per cent the next day”. She ridiculed the idea as absurd.” Extract from The Australian

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