So the State government is now facing a shortfall of $600 million dollars for schools in needy areas following the decision not to sell the Snowy Hydro (The Age, June 3, “Howard’s Snowy Meltdown”). But from where is the State government going to get the money from?
One obvious avenue is to renege on the shameful proposal to cut the top rate of land tax from 3.5 to 3 percent. This $200 million dollar gift to the biggest landlords in the state stands in stark contrast to the need to invest in our children and their future.
Landlords are well recognised as the least productive class in society. Perhaps the ALP needs to decide whether it is the Australian Labor Party or the Australian Landlord Party. It will be interesting to see whose interests they end up supporting.
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