Window dressing

This is mind­less stuff. It’s being por­trayed as a way of main­tain­ing rev­enue to fund Labor’s tax pack­age. But the tar­iffs are a regres­sive tax that will mar­gin­al­ly penal­ize Labor vot­ers, will “save” not a sin­gle job in man­u­fac­tur­ing and will be com­plete­ly over­whelmed by exchange rate move­ments. Point­less and mis­lead­ing for both work­ers and vot­ers. bq. Import duties [on motor vehi­cles] are due to fall from 15 per cent to 10 per cent on Jan­u­ary 1, but to soft­en the blow on the domes­tic car indus­try Labor plans to reduce tar­iffs by 1 per cent annu­al­ly until 2010 (“ABC”:http://www.abc.net.au/news/newsitems/200409/s1194303.htm)

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