Dear reader, another update on how prepared the P.M is to go in hard on fundamental reform to the tax system, and the rising inequities between the haves and the have nots.
Tough and Courageous decision making. The P.M John Turnbull.
The Prime Minister John Turnbull today sought some sage advice from former P.M, Mr. Malcolm Howard in Sydney yesterday. Determined to stave off a populist assault by the federal opposition, the P.M, sought cautious advice from Malcolm Howard, who reminded the P.M that there are;
‘a lot of modest-income people who accumulate some money and then negatively gear a property, particularly [those] who don’t want to invest in the share market,”
Emerging from the forthright and hard-hitting talks, the P.M. indicated he took heed of
“Howard’s advice to look at these things carefully … that’s exactly what I’m doing’. Mr Turnbull added with further emphasis; “Look, it’s very important to treat any changes to the tax system very carefully, indeed I had a long chat with John, (Malcolm) about negative gearing and other aspects of tax only yesterday, in fact — a long chat,” .
The Prime Minister said the former P.M, Malcolm Howard had been “a great source of advice”
A man of steely resolve and far flung vision. The Former P.M. Malcolm Howard. His advice much sought after in today’s topsy turvy world.
Mr Turnbull is reportedly seeking some very sound advice from Rupert Murdoch on the vexed issue of media ownership, and just to demonstrate his credentials, (unlike the sloganism of the precious Abbott government) Mr Turnbull is seeking advice in a series of long chats from Twiggy Forrest and Gina Rinehardt on Aboriginal Land Policy.
The P.M has also reportedly had a very cordial and enthusiastic (though informative) chat with the Australian Minerals and Energy Council on the vexed issue of sustainability, renewables and planning for energy innovation in the future. On the vexed issue of political donations Mr Turnbull is in cordial talks with Clubs Australia and The Property Council to ensure that current mechanism to ensure openness and transparency are kept intact.
It is also rumoured that Mr Turnbull has sought the advice of Cardinal Pell on child abuse by those entrusted with children in the Catholic Church and a spirited and extremely engaging series of chats with Serco and Transfield into the vexed issue of offshore immigration detention centres and enemy alien illegals.
Clearly Mr Turnbull is incidentally very wealthy, and independent of the pettifogging interests of those on a “modest income” who through fiscal and prudent discretion opt to enjoy the benefits of negative gearing. Not that they enjoy this indulgence because of the generous tax breaks, but they share an overarching sense of altruism, and the surety that their investments will assist those in need. Those who will never ever ever be able to afford a home themselves because of their meagre and indescribably pathetic incomes. Those below the $150,000 benchmark marked their entire working lives as DOOMED. As for their children, they will never ever ever get to own a house in the inner ring suburbs, so must accept the second best thing in one of our exciting new housing estates provided expensively and altruistically by our leaders in the residential development industry.
” let them eat cake”!! A middle class investor and his family subists on a modest income. So that they may thriftily enjoy the meagre benefits of negative gearing.
And clearly, let us be quite clear, we eschew the labor party’s politics of envy and their destructive tax debate because home ownership is the bedrock of this democracy, and the fact that the poorest pay for the privelege of the annointed to own more and more and more, allows them the freedom of ambition. And let us not forget that the rusted on Labor ideologues don’t understand the altruism of Private Investment, Big Business and Public Private partnerships.
Speaking at the unveiling of another Master’s Homewares and hardware superstore the P.M redefined his determination to rule for all Australians. ‘In Business, Courage is important and so is the capacity to lead. Also there’s the other co-efficient of good government; IMAGINATION. In a spirited series of fireside chats with the banking industry on superannuation, the future fund and ethical investments I have determined there will be no recklessness in my approach to future-proofing Australia. A spokesman for the P.M said, the ‘only thing stopping a full realignment of property wealth and equity in our country is the power and capacity for innovation and imagination’.
The Minister for Innovation was unavailable for comment.