Prior to the 2010 election Labor said there would be no carbon tax, but there was. Prior to the 2013 election Labor said there would be no carbon tax, but there is. Tony Abbott promised there would be no carbon tax but Labor, having lost the election, now insists there should be! Crumbs! Are you following this?
Now that the global warming/climate change hoax has been exposed for what it is, why is PM Abbott continuing to collect the carbon tax?
Labor had anticipated that, had it won the latest election, it would have collected up to $125 billion per annum in carbon tax, with 10% going to the UN.
Typically Labor/Green over-estimation of course, and it allowed false funding for all the crazy promises it thought would win them the election, but as usual they forgot to factor in the forecast drop in electricity usage.
Now Abbott is faced with falling carbon tax revenues, maybe as low as $7 billion, as well as almost no revenue from the minerals resource rent tax.
Administration of the MRRT costs about the same as the piddling revenue collect, so that would be no loss to the Government but the carbon tax abolition would have been be a real hit to Joe Hockey’s fiscal forecasts.
I haven’t noticed Abbott asking companies like QANTAS to defer the tax, and he hasn’t promised any CEOs he will reimburse the damaging impost.
So it’s no surprise that Abbott continues to flail Labor as incorrigible liars while copping the billions due in carbon tax before July one this year, when he will have to keep his promise and dump the damned thing?
Of course Abbott can’t abolish it via legislation now, but he could render it ineffective via regulation.
He can’t reduce the per-tonne carbon price but he can use the ATO, a Government Agency, to forestall the collection until July one and regulate that there be no penalty for late payment.
But why would he do that when he can use the revenue while Labor gets the blame for the tax?
The mining and carbon taxes could swing the WA Senate election in the Libs’ favour, it’s the perfect big stick to beat Labor around the ears with.
“Disingenuousness” is the word that springs to mind. “What?” You say, “… the Libs surely aren’t that devious?” No, they’re not, it’s just that Shorten is that dumb.
It’s a perfect scenario for the Libs and a perfect storm for Labor of their own making.
Bill Shorten is mortally ensnared in the very web Gillard wove for Abbott.