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The Emissions Trading Payouts

August 10th, 2008 by Viv

I have seen on TV and noticed in numerous news items that Treasurer, Wayne Swann declared his pledge to use “every cent” in revenue raised through the ETS (Emissions Trading Scheme) to help assist households and business. This policy would continue for the life of the Rudd Government.

I wonder if Mr. Swann has any idea of how many bureaucrats will need to be employed to accomplish this task of seeing just who is disadvantaged, and who deserves paying. A lot of room here for corruption too, with Lefty

Then Senator Bob Brown plans to revitalise the Australian economy with 3.4 million new blue collar jobs insulating every home in the nation, plus installing solar hot water systems and solar roof panels on them. He stated
that he intends to start this great enterprise with the financially poor, weak, needy, aged and infirm.

While I may be a member of all of those, I am not that gullible.

History shows that the unfettered, low taxed free market is the best deal to raise living standards. History also shows that new political devices, no matter how appealing, to tax the productive population, dramatically lowers
living standards.

Mussolini, Hitler, Lenin, Stalin, Chairman Mao, Pol Pot and others of their ilk, were all zealous reformers. Those not agreeing with their policies were quickly despatched to paradise.

While I am anxious to go to heaven, I am in no rush to be assisted there by the good intentions of zealous political reformers.

Ronald Kitching

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