{"id":9828,"date":"2014-05-19T22:32:20","date_gmt":"2014-05-20T02:32:20","guid":{"rendered":"http:\/\/goldstocksforex.com\/?p=9828"},"modified":"2014-05-19T22:32:20","modified_gmt":"2014-05-20T02:32:20","slug":"where-are-the-budget-alternatives-macrobusiness","status":"publish","type":"post","link":"https:\/\/thepatientinvestor.com\/index.php\/2014\/05\/19\/where-are-the-budget-alternatives-macrobusiness\/","title":{"rendered":"Where are the Budget alternatives? | | MacroBusiness"},"content":{"rendered":"<p>Hats off to Leith van Onselen for his perceptive comments on Australia&#8217;s current budget stoush:<\/p>\n<blockquote>\n<p>The point is, it\u2019s fine to oppose Budget savings if you can provide an alternative plan to cut expenditure and\/or raise taxes. But simply opposing measures without providing alternatives, as has been done by the opposition parties, ignores the very real structural pressures facing the Budget from falling commodity prices and an ageing population&#8230;.<\/p>\n<p>Some low hanging fruit that could be targeted by the opposition parties as alternatives to budgetary reform could include closing Australia\u2019s more egregious tax expenditures \u2013 including overly generous superannuation concessions (which mostly benefit the wealthy), quarantining negative gearing so that losses from an asset can only be claimed against income from that same asset, removing the capital gains discount on investments, and removing tax concessions on company cars \u2013 as well as abolishing Abbott\u2019s paid parental leave scheme.<\/p>\n<p>Reforms to these areas alone would save many billions of dollars and improve equity in the process.<\/p>\n<\/blockquote>\n<p>Read more at <a href='http:\/\/www.macrobusiness.com.au\/2014\/05\/where-are-the-budget-alternatives\/'>Where are the Budget alternatives? | | MacroBusiness<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Hats off to Leith van Onselen for his perceptive comments on Australia&#8217;s current budget stoush: The point is, it\u2019s fine to oppose Budget savings if you can provide an alternative plan to cut expenditure and\/or raise taxes. But simply opposing measures without providing alternatives, as has been done by the opposition parties, ignores the very &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/thepatientinvestor.com\/index.php\/2014\/05\/19\/where-are-the-budget-alternatives-macrobusiness\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Where are the Budget alternatives? | | MacroBusiness&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[40,5],"tags":[139,512,2428,2599,3293],"class_list":["post-9828","post","type-post","status-publish","format-standard","hentry","category-australia-nz-countries-regions","category-economy","tag-ageing-population","tag-budget-deficit","tag-negative-gearing","tag-paid-parental-leave","tag-superannuation-concessions"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Where are the Budget alternatives? | | MacroBusiness - the patient investor<\/title>\n<meta name=\"robots\" content=\"noindex, follow\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Where are the Budget alternatives? | | MacroBusiness - the patient investor\" \/>\n<meta property=\"og:description\" content=\"Hats off to Leith van Onselen for his perceptive comments on Australia&#8217;s current budget stoush: The point is, it\u2019s fine to oppose Budget savings if you can provide an alternative plan to cut expenditure and\/or raise taxes. 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Dr Richard Wellings from the Institute of Economic Affairs recently completed a report on the UK's \u00a343 billion High Speed 2 rail project -- close to\u2026","rel":"","context":"In &quot;Economy&quot;","block_context":{"text":"Economy","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/economy\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":6157,"url":"https:\/\/thepatientinvestor.com\/index.php\/2012\/11\/13\/australia-not-fiscal-cliff-fiscal-flab\/","url_meta":{"origin":9828,"position":3},"title":"Australia: Not fiscal cliff &#8212; fiscal flab","author":"Colin Twiggs","date":"November 13, 2012","format":false,"excerpt":"Jessica Irvine writes that Australia is faced with an aging population and spiraling health costs, but a free-spending government will leave us unprepared. 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The tax net is far broader than\u2026","rel":"","context":"In &quot;Australia &amp; NZ&quot;","block_context":{"text":"Australia &amp; NZ","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/countries-regions\/australia-nz-countries-regions\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":13258,"url":"https:\/\/thepatientinvestor.com\/index.php\/2016\/05\/09\/why-every-government-will-increase-taxes-on-superannuation\/","url_meta":{"origin":9828,"position":5},"title":"Why Every Government Will Increase Taxes on Superannuation","author":"ColinTwiggs","date":"May 9, 2016","format":false,"excerpt":"From Sam Volkering, 6 May 2016: The fallout from this week\u2019s federal budget continues. As I noted yesterday, it was a pretty weak budget all things considered. Nothing of any substance. Nothing to grab the reigns of the country and ride it to a sunny future.But there were some interesting\u2026","rel":"","context":"In &quot;Stock Markets&quot;","block_context":{"text":"Stock Markets","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/stock-markets\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/posts\/9828","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/comments?post=9828"}],"version-history":[{"count":0,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/posts\/9828\/revisions"}],"wp:attachment":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/media?parent=9828"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/categories?post=9828"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/tags?post=9828"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}