longweekend58 wrote on Jan 8
th, 2015 at 12:33pm:
Bam wrote on Jan 8
th, 2015 at 12:23pm:
but if you remove the rebate you would also be ethically required to remove the other part of that policy which was the lifetime cover requirement. That would make the savings smaller.
and as someone who teaches modelling in an area of science that is far more precise than this,
I doubt it, you have claimed to work in numerous occupations in the past few years.
Quote:Your wish to remove the rebate is purely ideological - not financial.
Rubbish - it's the fastest-growing area of health expenditure. Why shouldn't it be trimmed or abolished?
YOUR wish to keep it - not even to touch it - is ideological, and the only way your view would change would be if the Liberal party were to change its view.
Quote:With families already paying $4000 a year in private health after the rebate do you think cash-strapped families will continue to do so when you ad another $1500pa to it?
If they're cash strapped, they would be looking to ditch it regardless. A poor argument.
Quote:Private health - like private education - SAVES the govt money and has been well understood for a long time.
No it doesn't. That's just Liberal-party ideological nonsense without the slightest shred of proof. I notice you haven't posted any links.
Quote:There are bigger savings to be made right across govt expenditure before cutting your own fiscal throat like this.
Ok, let's abolish negative gearing, FBT concessions, capital gains tax concessions, dividend imputation, concessions on superannuation and other similar expenditure. Then we go after all the tax concessions and loopholes that companies use to lower their tax, especially foreign multinationals. Then abolish corporate welfare such as the diesel fuel rebate (but change the law so biodiesel isn't taxed), direct action and other corporate welfare. We could cut nearly $100 billion from the budget without difficulty by cutting all this fat from the top end. We can then use the proceeds of this necessary levelling of the taxation field to eliminate the deficit and pay down debt, and put the rest into some tax cuts, such as lowering the company tax rate to 25% and raising the tax-free threshold to the level of the minimum wage (so all income earners benefit from tax cuts).