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John Passant

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December 2015



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My interview Razor Sharp 18 February
Me interviewed by Sharon Firebrace on Razor Sharp on Tuesday 18 February. (0)

My interview Razor Sharp 11 February 2014
Me interviewed by Sharon Firebrace on Razor Sharp this morning. The Royal Commission, car industry and age of entitlement get a lot of the coverage. (0)

Razor Sharp 4 February 2014
Me on 4 February 2014 on Razor Sharp with Sharon Firebrace. (0)

Time for a House Un-Australian Activities Committee?
Tony Abbott thinks the Australian Broadcasting Corporation is Un-Australian. I am looking forward to his government setting up the House Un-Australian Activities Committee. (1)

Make Gina Rinehart work for her dole

Sick kids and paying upfront


Save Medicare

Demonstrate in defence of Medicare at Sydney Town Hall 1 pm Saturday 4 January (0)

Me on Razor Sharp this morning
Me interviewed by Sharon Firebrace this morning for Razor Sharp. It happens every Tuesday. (0)

I am not surprised
I think we are being unfair to this Abbott ‘no surprises’ Government. I am not surprised. (0)

Send Barnaby to Indonesia
It is a pity that Barnaby Joyce, a man of tact, diplomacy, nuance and subtlety, isn’t going to Indonesia to fix things up. I know I am disappointed that Barnaby is missing out on this great opportunity, and I am sure the Indonesians feel the same way. [Sarcasm alert.] (0)



Tax ‘reform’ and the GST scam

Someone I know writing in socialist magazine Solidarity about tax reform and the GST scam. He ends up by saying:

We on the left can and do campaign for taxing the rich. However growing tax inequality in Australia is a consequence of growing income and wealth inequality.

The best way to address that is to win big real wage increases and reverse the shift in wealth and income from labour to capital that Hawke and Keating set in train in the 1980s and Howard, Rudd, Gillard, Abbott and Turnbull have and are continuing.

To read the whole article in Solidarity click on Turnbull’s tax reform aims to boost corporate profits.



Comment from Ross
Time December 6, 2015 at 5:41 pm

I’ve told before John. The Turnover of shares, derivatives, currency trades and bonds in Aust is $135 trillion or 75 times our GDP. Just small tax on this will mean the GST and income tax will be unnecessary.

Why do you not address the excesses of our finance system which is an enormous parasite on all humanity?

Comment from Mike
Time December 7, 2015 at 7:58 am

If you’re going to tax the rich, you could at least define them.

How much income per year (in $) makes a person rich?

What net worth (in $) makes a person rich?

What is the author’s net worth (in $)?

Comment from John
Time December 7, 2015 at 8:56 am

Let’s start with the top one percent of income earners and wealth holders and then work back from there. Although it is a stupid question and just highlights the pathetic politics of the person asking the question, my income and net wealth does not put me in the top 20% of ether income earners or net wealth holders. In fact I am well below both. My role of running international tax reform in the ATO saw, according to the Board of Tax, GDP increases as a conseequence of the reforms by about 0.024%. So every time you whinge about my role in undermining capitalism just remember the role this socialist helped play in improving GDP and the small share of that increase that ends up in the hands of workers. But since this is show and tell time Mike, what is your net income and net worth? And in the interests of transparency, who are you?

Comment from Lorikeet
Time December 7, 2015 at 12:03 pm

I agree with you on this, John. The GST is just an excuse to let the super wealthy off the taxation hook, while the poor have to pay tax even though their incomes are below the lowest taxation threshold.

However I think Mike has made a couple of good points. Sometimes when useful measures are put in place, they could be misused and end up financially penalising the lower middle class.

Certainly the Productivity Commission’s report would relegate most pensioners into poky little units in lower socio-economic areas.

Comment from Mike
Time December 7, 2015 at 12:30 pm

Start with the one percent, but where do you end?

At what point, in a dollar amount, is someone rich?

Comment from Bill Clarke
Time December 8, 2015 at 8:35 am

Is it true that a financial transactions tax will raise much more in revenue than all the existing taxes, so enabling the government to stop borrowing?

Comment from John
Time December 10, 2015 at 10:07 am

This is a bit one sided in its conclusion but is not a bad summary of the Tobin tax proposal, and the incorrect stance of those who balme speculation, or worse, finance capital divorced from the rest of the system, for the problems of capitalism.

Comment from John
Time December 10, 2015 at 10:08 am

Because turnover isn’t wealth.

Comment from John
Time December 10, 2015 at 10:13 am

Comment from John
Time December 10, 2015 at 10:15 am

It is not without some merit but is hardly an anti-capitalist move or in reality much of a workable reforming one.

Comment from Ross
Time December 11, 2015 at 7:37 pm

” Turnover isn’t wealth ” What a lame statement considering Malcolm Turnbull our own PM admits to off shore tax havens.

The tax office is a collection agency for off shore Central Bankers who create our debt with a click of a computer mouse depreciating our savings + wages and you John Passant refuse to address this theft.

Comment from John
Time December 11, 2015 at 8:45 pm

What planet do you live on. Good luck convincing the US to introduce a Tobin tax. My statement wasn’t lame – it highlights the stupidity behind the calls for the tax. It is bandaid on the cancer of capitalism and since it will never get the global cooperation required to implement it is a pipe dream of the uglier elements of the ant-finance movement and their anti-Semitic Rothschild conspiracies. As for the idea the ATO is a collection agency for offshore central bankers – I ask again what planet do you and your fellow crackpot conspiracy theorists live on? Enjoy your bizarro world on your own. Don’t infect my page with your nonsense disguised as a supposed discussion of the Tobin Tax.

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