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John Passant

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Keep socialist blog En Passant going - donate now
If you want to keep a blog that makes the arguments every day against the ravages of capitalism going and keeps alive the flame of democracy and community, make a donation to help cover my costs. And of course keep reading the blog. To donate click here. Keep socialist blog En Passant going. More... (4)

Sprouting sh*t for almost nothing
You can prove my 2 ex-comrades wrong by donating to my blog En Passant at BSB: 062914 Account: 1067 5257, the Commonwealth Bank in Tuggeranong, ACT. More... (12)

My interview Razor Sharp 18 February
Me interviewed by Sharon Firebrace on Razor Sharp on Tuesday 18 February. http://sharonfirebrace.files.wordpress.com/2014/02/18-2-14-john-passant-aust-national-university-g20-meeting-age-of-enttilement-engineers-attack-of-austerity-hardship-on-civilians.mp3 (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. http://sharonfirebrace.com/2014/02/11/john-passant-aust-national-university-canberra-2/ (0)

Razor Sharp 4 February 2014
Me on 4 February 2014 on Razor Sharp with Sharon Firebrace. http://sharonfirebrace.files.wordpress.com/2014/02/4-2-14-john-passant-aust-national-university-canberra-end-of-the-age-of-entitlement-for-the-needy-but-pandering-to-the-lusts-of-the-greedy.mp3 (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
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Sick kids and paying upfront

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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. http://sharonfirebrace.com/2013/12/03/john-passant-australian-national-university-8/ (0)

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Archive for 'Tax expenditures'

The tax concessions Turnbull won’t abolish all overwhelmingly favour the top ten percent

No doubt you will be shocked to learn, as I was, that it is the rich who overwhelmingly benefit from negative gearing losses, and the superannuation and capital gains discount tax concessions. Here are some facts.

Here are some pesky facts.

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Don Argus, superannuation and the end of the age of entitlement

The top ten percent of income earners receive about one third of all the superannuation tax concessions, that is about $15 billion worth of tax expenditures annually. A couple in a similar position to the Arguses, if they stay within the rules, will get payments totaling $1.2 million per year tax free. Far better to slug poor and sick people between $5 and $20 to go to the doctor or put the GST on fresh food than to tax the rich eh Mr Abbott and Mr Hockey? So tell me again about the end of the age of entitlement.

How about increasing taxes on the rich?

I agree with Finance Minister Matthias Cormann. Taxing the rich and well off could easily address the Budget ’emergency’ and have enough left over to adequately fund better public health, public education and public transport as well as a move to a fully renewable energy society over the next decade.

Australian Tax Office to lose 3000 staff by October; what happens to revenue collections from the rich and powerful, Commissioner?

The one percent has captured not only Parliament and tax policy but tax administration now too. If that is true, the conclusion we might then reach is that the slaughter of Tax Office jobs currently under way is actually an attempt to administratively reduce taxes on capital by weakening the capacity of the ATO to tax the rich and powerful. Certainly that fits in neatly with the neoliberal cut taxes mantra of most politicians and the Treasury.

Over to you Commissioner of Taxation.

The pension at 70?

If we don’t fight we will lose. The 25000 who turned up to the May Day Rally in Brisbane on Sunday show the will to resist is there. They have seen the Abbott future. Its name is Campbell Newman. Now to turn the will to fight back into action. The union bureaucrats won’t do that. Most of them will gasbag for a little while and then surrender without any fight at all, without any strikes. That is why it is important for us to organise in our unions against Abbott’s attacks and for a better life.

An article of mine on superannuation tax rorts in the Canberra Times

This is an article of mine in the Canberra Times on Tuesday 12 February. I argue that the benefits of the superannuation tax concessions go disproportionately and overwhelmingly to the rich and that it’s time to end the super tax rorts.

Superannuation for the rich?

A universal benefits scheme such as the age pension for all people over 65 and steeply progressive income tax rates and wealth and wealth transfer taxes are traditional left wing approaches to make the rich support the poor and less well off in society. It is time to tax the rich and that means getting rid of their tax rorts like superannuation tax concessions.

Want a surplus and decent public services? Tax the rich

Tax the rich and business to pay for better public services for all Australians and to fully fund a totally renewable energy society by 2025.

Tax, tax and more (or should that be less?) tax

The Treasurer has today been telling us the Minerals Resource Rent Tax is working precisely as it should – not raising any tax. The hospital in Yes Minister worked perfectly too – it didn’t have any patients.

Here’s just one idea Labor – tax the rich

Tax the rich? Nah, it would never be popular, would it, Labor? Just ask Francois Hollande, the man who could well be the next President of France precisely because he says he wants to tax the rich.