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 Taxpayer's Money flushed down the drain by the Greens. Financial DevastationThe Greens Economic Policies are based around their opposition to "Evil Capitalism" and are an attempt to attack the corporations that employ the majority of the Australian population. It has clearly been founded on the principles of their former Socialist and Communist membership. The disastrous effects of Greens Economic Policy if implemented:
Economy Killing PlansDeath Tax The Greens will bring back the Death Tax, taking your parents inheritance and spending it on their disastrous social engineering and pro-drug policies. The elderly will sell their homes and move into retirement villages, just to keep their life savings out of the hands of the grave robbing greens. Interfering in Overseas Trade use of trade, financial and regulatory measures to ensure more productive use of foreign capital Overseas companies who want to invest-in and grow promising Australian industries that employ people and pay the taxes that fund our social security system are under assault from the Xenophobic Greens and their anti-foreign economic policies. The Greens would institute a reign of corporate terror as their beurocratic star chamber would meet to determine if an investment meets their Greens definition of "productive". Their sanctions, tariffs and petty beurocratic regulation will drive overseas companies away in droves and stop new companies investing, leading to widespread unemployment as they lay workers off and move their operations to friendlier, more competitive nations. Tax Tax Tax - Companies increase company tax to 33%, and reduce company tax concessions This will destroy the economic expansion that has improved the livelihoods of all Australians for the last decade. A job killer and recession creator. Tax Tax Tax - High Income Earners increase tax for high income earners The Greens need to tax high income earners, who already pay a higher rate of tax than the rest of the community, to fund their insane spending proposals such as government supply of Ice to drug addicts. With less disposable income, the high income earners will spend less, putting more recessionary pressure on the economy. Discouraging Innovation only allowing losses from an investment to be offset against income from the same investment This will stifle innovation as companies and individuals avoid risky investments due to the Greens investment unfriendly policy. Only the very safest of proposals will receive any investment, while clever but risky investments won't attract funding. Australia will lag behind the rest of the world and overseas companies will gain an advantage as their inventiveness and bright ideas are rewarded by their more progressive governments. Our stockmarkets will become less attractive, encouraging investors to withdraw their funds precipitating a stockmarket crash and recession. Nationalisation nationalisation of natural monopolies and essential public services Governments are poor at running businesses because their goal isn't efficiency; the goal of public servants is to avoid risk and avoid embarassing the minister. Likely companies the Greens will resume as part of their buy-back project:
All into the clutches of the incompetent Greens management and their probable workers co-operatives. Due to the resultant inefficient management, the companies will run at substantial losses that will have to come from the purse of the taxpayer. Banking Regulation regulation of banks and financial institutions The Greens will install their beaurocratic rules throughout the banking industry, filling the industry with redtape and regulations. With new laws banning bank fees and increasing free services, banks will fail and close. The surviving banks will be forced to raise interest rates on loans in order to make a profit. As interest rates skyrocket and branches close, the banks will also forclose on mortgages of homeowners who can't afford the out of control interest payments. Spend Your Super establishing progressive rates of superannuation taxation The Greens are just itching to get their dirty fingers on your super. The Greens have a whole set of crazy big spending policies, such as a bike path from Cairns to Coolangatta, so they need tax, and lots of it. What better source of income than your super ? Most Greens members have little super, due to their life spent collecting the dole and smoking marajuana, thus they have little empathy with the average worker who spent fifty years paying tax to fund the lifestyle of your average green. Electricity and Gas Price Rises a carbon tax levied on generators of mains-supplied electricity or gas The Greens want to turn all of society into a hippy commune, and part of this plan is the phasing out of electricity. Outer suburban struggling families will pay the penalty. Abolish Private Health Rebate abolishing the 30% Private Health Insurance Rebate People will desert the private health system in droves putting incredible pressure on the public health system. Remember, with private health insurance individuals are contributing 70% of their personal funds to their own health, if they leave the private system they'll be paying zero. This demonstrates the greens lack of basic economic understanding. Abolish the GST The Greens will abolish the GST. Whilst the GST isn't popular, no one cares about it any more. They're used to it. The big question is, if the GST goes, where are they going to make up the shortfall in tax revenue ? By big income tax hikes, and insane levels of tax on electricity and petrol. Drug Dealers, Tax Dodgers, Shonky Companies and Streetwalkers will all be happy with this Greens policy, as they are currently paying 10% tax whenever they purchase goods with their illegally gained funds. Be Green or We'll Ban You the delisting of corporations that flagrantly and persistently violate the public interest "Public Interest" could mean any nutty Greens holy cow. With vaguely worded policy, but clearly defined harsh and extreme punishment, businesses will move overseas before submitting themselves to the insanity of the Greens with the balance of power. Greenswatch's definition of 'Public Interest' is to make sure cataclysmic economic policies and social mismanagement are never forced onto the Australian public. corporations have a responsibility to conform to the intent, as well as the letter, of Australian and international law How can businesses figure out the 'intent' of a law? That 'intent' could change depending on the Judge presiding over a case, let alone when lawyers, politicians, media and business people are also involved. Language itself is often vague, with many words having numerous meanings. The same sentence can have difference meanings depending on context and inflection of words. Businesses are required to follow the letter of the law. It is up the government to make sure that the laws of the country are fair and just for all involved. Surpluses are BAD international institutions should introduce policies to reduce both large deficits and large surpluses Define large. 10% of a nations GDP? 50%? Once again the Greens support vague policies. Of course, if the Greens ever got into power, we'd never have to worry about surpluses ever again. introducing the potential for penalties for surplus nations. So a government has a good year and instead of having the option of saving for the future they are required by law to spend the surplus irrespective of potential future challenges. The greens support High spending and High taxation policies. Abolish the World Bank support abolition of.. the IMF, World Bank and WTO These institutes are the primary source of loans to poor nations who are in trouble. The Greens main objection to them is that the loans come with conditions attached that the Grens don't like. An example of a bad condition is forcing the loan recipient government to run their budgets at a surplus. This is unfair in the eyes of the spend-thrift Greens. Currency Conversion Tax support the implementation of a currency transaction tax.. to discourage global currency speculation This protectionist policy will hurt tourism, exporters and international commerce. It is effectively a tax on all international transactions, and every 1% of taxation will make Australia 1% more expensive to trade with. International companies and investors will look elsewhere for countries to deal with. The real idea behind this policy is attacking big companies, that the Greens communist-sympathiser membership are opposed to. This is one of the Greens scarier policies and should be of concern to all readers. Protectionism remove Australia from existing bilateral Free Trade Agreements Free trade is one of the keys to future economic prosperity in the third world and for Australia. As trade increases in these poorer nations, their governments collect more taxes which can then be spent on health, education and infrastructure. Australia benefits from the cheaper goods and increased trade with our richer, more productive neighbours. The Greens will turn Australia into an isolated economic backwater, with high tariffs, high taxes and economy in recession. |
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