The rich person bashing seems to be coming in waves. First we had the phase of talking down the likes of Clive Palmer, Andrew ‘Twiggy’ Forrest and Gina Rinehart. This first particular episode of the politics of envy came from the moment Wayne Swan’s article in The Monthly made its way into the public eye. The second wave, which we’ve been pre-emptively warned about will commence this evening with renewed attacks highlighted by the Treasurer as coming our way when he gives the annual John Button Lecture in Melbourne tonight.
Let’s be honest, it’s not about all billionaires and other extremely rich people, if it was Mr Swan would have targeted the likes of Frank Lowy, Kerry Packer, Harry Triguboff and others. He hasn’t, it’s all about the mining billionaires, the ones who’ve spoken out against the Minerals Resource Rent Tax. The others don’t even rate a mention. Does Swanny think that they pay enough tax? He clearly does, there’s no additional profit tax being proposed for them.
While we’re being honest, who wouldn’t complain about having to pay extra tax? Let’s face it, we’re all self-interested individuals, well most of us at least. I’m pretty sure that just about anyone, from the richest among us to the poorest among us would be uncomfortable having to pay extra tax. This is especially the case when the services provided with the money people already pay in tax aren’t exactly all glowing examples of efficiency and the smart use of money.
Is it really smart for the Treasurer of our nation to be publicly knocking someone for having an opinion? Why not knock the countless individuals that don’t want to pay more tax and in many cases want to pay less tax? We all know that happens too.
Let’s get serious again for a minute. Clive Palmer employs an estimated 3000 plus people across his businesses. Andrew ‘Twiggy’ Forrest through his company Fortescue Metals Group (FMG) employs over 2000 people. Not only that, but Mr Forrest, through his Australian Employment Covenant has reached his target of finding 50,000 jobs for indigenous people a massive and very worthwhile initiative. Gina Rinehart, for her part employs and will seek to employ in the future a not insignificant number of people either.
Do we really want to bash Australians that create so many jobs? Do we really want to attack those at the head of companies which are involved in an industry which has played a major part in saving us from recession? Those who own companies in an industry that is currently still saving us from very poor economic results? I don’t think so.
Is Wayne Swan’s claim that these particular individuals are having too much of an influence on democracy actually true? Well actually no it isn’t. Pretty sure the Deputy Prime Minister has actually gone ahead with both the carbon tax and the mining tax despite the protestations which spawned the spending of millions of dollars on advertising campaigns against the two taxes.
The reality is they’re still going to pay them. That is, they’re still going to pay them until a Liberal Government takes power which you’d say is a dead certainty on the back of continued poor poll figures for the Labor Government. Yes, Clive Palmer is involved within the LNP in Queensland but at the same time I’m pretty sure a central tenet of liberalism is lower taxes and well isn’t that the result? Wouldn’t that play a part in making it easier to do business?
All this lunacy from a man that takes his inspiration from Bruce ‘The Boss’ Springsteen. Springsteen is a guy who’s made millions of dollars from a music career in which some of his song bash the rich, all in the name of making himself feel better about his own substantial wealth, estimated at about $200 million. But hey, his music is brilliant.