Here is my second attempt at the Federal budget. This time I ended up with $67.25 billion dollar surplus. Beat that Mr Swan!
I decided to abolish the 15% tax rate completely and reduced income tax rates and company tax to a 25% single rate. Reducing tax allowed me to cut middle class welfare and I substantially reduced spending on health and education.
The reason I ran such a big surplus was so I could go to the States and offer the deal: They would get a slice of the income tax base, a defacto state income tax, but they would have to abolish one major state tax, payroll tax or stamp duty , and take full responsibility for hospitals and schools. They are supposed to be state responsibilities anyway.
If you don't like my budget then do your own and tell be the result!
I decided to abolish the 15% tax rate completely and reduced income tax rates and company tax to a 25% single rate. Reducing tax allowed me to cut middle class welfare and I substantially reduced spending on health and education.
The reason I ran such a big surplus was so I could go to the States and offer the deal: They would get a slice of the income tax base, a defacto state income tax, but they would have to abolish one major state tax, payroll tax or stamp duty , and take full responsibility for hospitals and schools. They are supposed to be state responsibilities anyway.
As the resulting economic boom will make us the envy of the world I gave a modest increase to defense. Unfortunately not everyone will be pleased with my radical plan to improve the nation so I doubled police and security spending.
If you don't like my budget then do your own and tell be the result!
No comments:
Post a Comment