This morning I heard our Dear Leader’s financial guy (Mr Frydenberg that is) saying that lefties hated Margaret Thatcher and Ronald Reagan because they cut taxes.

I thought I’d do a fact check on that, and found this site:
https://www.huffingtonpost.com.au/entry/margaret-thatcher-conservative-taxes-budget_n_3037728?ri18n=true
said:

“In her first budget proposal, Thatcher slashed income taxes. But in order to pay for the revenue loss, she raised the Value Added Tax — the UK’s equivalent to the sales tax, according to a 1990 report from a resident scholar at The Heritage Foundation, a conservative think tank. As Bruce Bartlett, a former policy adviser to Reagan and George H. W. Bush, notes, taxes as a share of the economy actually increased under Thatcher.

Reagan also enacted the largest tax increase in four decades, according to Joseph J. Thorndike, the director of the Tax History Project at Tax Analysts. But Reagan obscured the tax increases by calling them a different name: “revenue enhancements” that were achieved by closing loopholes in the tax code.”

So (assuming my random Internet quote is correct (because it confirms my existing assumptions)), why do the media allow Mr Fydenberg and mates to get away with this stuff?

The Rev Dodgson said:

This morning I heard our Dear Leader’s financial guy (Mr Frydenberg that is) saying that lefties hated Margaret Thatcher and Ronald Reagan because they cut taxes.

I thought I’d do a fact check on that, and found this site:
https://www.huffingtonpost.com.au/entry/margaret-thatcher-conservative-taxes-budget_n_3037728?ri18n=true
said:

“In her first budget proposal, Thatcher slashed income taxes. But in order to pay for the revenue loss, she raised the Value Added Tax — the UK’s equivalent to the sales tax, according to a 1990 report from a resident scholar at The Heritage Foundation, a conservative think tank. As Bruce Bartlett, a former policy adviser to Reagan and George H. W. Bush, notes, taxes as a share of the economy actually increased under Thatcher.

Reagan also enacted the largest tax increase in four decades, according to Joseph J. Thorndike, the director of the Tax History Project at Tax Analysts. But Reagan obscured the tax increases by calling them a different name: “revenue enhancements” that were achieved by closing loopholes in the tax code.”

So (assuming my random Internet quote is correct (because it confirms my existing assumptions)), why do the media allow Mr Fydenberg and mates to get away with this stuff?

Because unlike you, they don’t fact check?

Didn’t the iron lady also install a poll tax?

The Rev Dodgson said:

This morning I heard our Dear Leader’s financial guy (Mr Frydenberg that is) saying that lefties hated Margaret Thatcher and Ronald Reagan because they cut taxes.

I thought I’d do a fact check on that, and found this site:
https://www.huffingtonpost.com.au/entry/margaret-thatcher-conservative-taxes-budget_n_3037728?ri18n=true
said:

“In her first budget proposal, Thatcher slashed income taxes. But in order to pay for the revenue loss, she raised the Value Added Tax — the UK’s equivalent to the sales tax, according to a 1990 report from a resident scholar at The Heritage Foundation, a conservative think tank. As Bruce Bartlett, a former policy adviser to Reagan and George H. W. Bush, notes, taxes as a share of the economy actually increased under Thatcher.

Reagan also enacted the largest tax increase in four decades, according to Joseph J. Thorndike, the director of the Tax History Project at Tax Analysts. But Reagan obscured the tax increases by calling them a different name: “revenue enhancements” that were achieved by closing loopholes in the tax code.”

So (assuming my random Internet quote is correct (because it confirms my existing assumptions)), why do the media allow Mr Fydenberg and mates to get away with this stuff?

Was this on ‘Insiders’? I presume David Spears wasn’t able to fact-check JF in real time because he didn’t know he was being dishonest. What’s important is a concerted push-back now that you, and I presume others, are equipped with the truth.

The Rev Dodgson said:

So (assuming my random Internet quote is correct (because it confirms my existing assumptions)), why do the media allow Mr Fydenberg and mates to get away with this stuff?

(raises hand)

Umm..is it because the media are owned by super-rich donors to political parties, who a likely to get all of the benefits from and few or none of the disadvantages of the proposed changes?

roughbarked said:

Didn’t the iron lady also install a poll tax?

No. Wanted to, tried to, but got severe kickback.

the higgest overall taxation levels in recent Aust history existed in the late Howard era, at 26.5% of GDP.

captain_spalding said:

roughbarked said:

Didn’t the iron lady also install a poll tax?

No. Wanted to, tried to, but got severe kickback.

Yeah I remember a kerfuffle.

captain_spalding said:

The Rev Dodgson said:

So (assuming my random Internet quote is correct (because it confirms my existing assumptions)), why do the media allow Mr Fydenberg and mates to get away with this stuff?

(raises hand)

Umm..is it because the media are owned by super-rich donors to political parties, who a likely to get all of the benefits from and few or none of the disadvantages of the proposed changes?

I’d imagine the fact that the people who actually write the stuff in the media get a pretty healthy income has something to do with it as well.

dv said:

the higgest overall taxation levels in recent Aust history existed in the late Howard era, at 26.5% of GDP.

not enough

Thatcher created poll tax, another big fat tax on the population forcing the working class into poverty.

wookiemeister said:

Thatcher created poll tax, another big fat tax on the population forcing the working class into poverty.

No, she wanted to create it, and tried to create it, but didn’t get away with it.

captain_spalding said:

wookiemeister said:

Thatcher created poll tax, another big fat tax on the population forcing the working class into poverty.

No, she wanted to create it, and tried to create it, but didn’t get away with it.

Wrong

Poll tax was introduced. I never signed up on the electoral roll to avoid it. My taxes were so onerous it wouldn’t have been worth going to work if poll tax was introduced.