The American Modern Story Comes to Australia.....
Nationalise the Debt/Loss (taxpayer bailouts/guarantees), Socialise the Risks (its everybody's fault, so we all need to lift), and Privatise the Profits......ah, the beauties of conservative capitalism.....
Sure, the mining and carbon taxes were poor attempts at wealth redistribution. The horse had already well and truly bolted on the mining side of things. Mr Howard let that one go through to the keeper. Subsidies that support the masses are well worth weighing up. Subsidies that funnel profits to the few at the expense of many are simply immoral.
Who picks up the tab when the game is up? The dismissed and the only people paying tax, the little guy in the middle......
Last edited by Acute Instinct; 22nd Feb 2014 at 23:35.