Need money? No problem…just tax ’em some more.

‘Julia Gillard confirms she will levy taxpayers to help rebuild Queensland:
A levy of 0.5 per cent will be applied on taxable income between $50,001 and $100,000 and a levy of one per cent will be applied on taxable income above $100,000… “A person earning $100,000 per year will pay just under an extra $5 per week,” she said.
This will raise $1.8 billion – or less than the $2.7 billion the Rudd Government so lightly threw away on the disastrously rorted “free” insulation scheme.  It is less than double the $1.1 billion the Government frittered away on its subsidies for largely useless solar roof panels.  It is only just over three times more than what the Rudd Government so lightly promised to give car makers under its $500 million Green Car Innovation Fund. It is only four times more than what Gillard herself promised to waste on her preposterous $400 million ”cash for clunkers” scheme.
Those are just some of the green follies that this Government splahsed cash on that it now struggles to find for real work in Queensland.
And then there’s the other waste, like Gillard’s own “Building the Education Revolution”, the rort-ridden school halls program that wasted much of the $16.2 billion that Labor casually lavished on it. That one program alone alone cost eight times more than what Gillard hopes now to raise with a flood levy for Queensland – or, in truth, a levy to help her meet her politically-decreed deadline of returning the Budget to surplus by 2012-13. That should tell you how criminally profligate Labor has been with the money it now so desperately needs.’     Andrew Bolt