Allan Takes Aim Blog

ACT Opinions

Posted on: 2 October 2012


The ACT Election: where’s the passion?

My search for political passion starts every morning at six o’clock as I listen to local radio talk back in search of news about the ACT elections. If you’re thinking of doing the same I must advise that doing so requires patience as news reports seem to take second place to sport reports which, in a way isn’t surprising as callers seem more knowledgeable and passionate about sporting issues than they are about political issues.

How I wish that some of that knowledge and passion could be transferred to politics perhaps the quality of the people we elect would improve. Until then sports personalities will get more air time than political personalities although, in this regard, better known politicians tend to get more air time. In politics t’was ever thus, something I find odd in an allegedly egalitarian society.

Not that the electronic media is the only media that fails the egalitarian test. As far as politics is concerned, the print media is equally guilty because regardless of the electorate in which you reside I wonder how many voters in Canberra apart from knowing the names of party leaders, know the names of the 71 other candidates contesting the next election.

If you want to see what I mean pick up The Times and under the parts captioned 2012 Election all you’re likely to see are the faces of Labor’s Katy Gallagher, the Liberal’s Zed Seselja and Greens Meredith Hunter, leaders of the major parties saying what they think important.

I must say I find this the antithesis of the exalted “fair go.” Clearly “fair” means different things to different people.

Parliament too, supposedly the voice of the people, is now an institution where the voice of the people has become harder to find. And Parties too, as organisations supposedly representing the voice of members, have become institutions that only represent the voice of membership elites.

Over the past few weeks I have introduced some lesser known parties and some of their policies. The rest of this piece is a summary of some policies of the Liberal Democrat Party (LDP) led by Matt Thompson, a candidate for Ginninderra and passionate Canberran.

Summary

“The LDP is a small government party that believes government should focus its efforts on delivering what government alone can deliver, such as police, local roads, and caring for the poor, sick and disabled. If government is distracted by other activities, it will under spend on its core responsibilities and hit everyone in the community with high taxation.”

It also says it wants to see the ACT Government expand services to people with a disability on the scale envisioned by the National Disability Insurance Scheme even if it means reining in funding on less essential services.

In the Assembly, and in line wit the partys small Government philosophy. the LDP will call for the abolition of business support programs that cost more than $12 million per year and, because they are not priority functions of government, will also call for the abolition of subsidies for events, venues and tourism that cost more than $24 million per year. It is the view of the LDP that government should not discriminate between tourism and other businesses.

LDP Members will also call for the abolition of subsidies for government businesses, including the Yarralumla nursery, Capital Linen Services and ACT Property Group. Government businesses should compete with the private sector on a level playing field.

It will also seek to double the number of taxis and triple the number of disabled taxis, so that more taxis and minibuses can provide cheap, door-to-door service. It will call also for the abolition of ineffective and redistributional policies and so more effectively reduce cost of living pressures.

TYhe LDP also wants to see ineffective climate change, environment and heritage policies removed, believing that greenhouse gas emission reduction policies are best delivered at the national level. And to save more than $1 million the LDP will seek to abolish the Office of the Commissioner for Sustainability and the Environment.

It is LDP belief that an area the size of the ACT does not need an annual State of the Environment report, which only serves to add to landfill.

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The Supreme Courtroom of Canada has opened the door to allowing international multinational companies to dodge their Canadian tax liabilities by siding with British drugmaker GlaxoSmithKline in its 20-year tax fight considering the federal federal government.

The large courtroom endorsed an appeals court ruling about “transfer pricing,” which makes it possible for fioricet online overnight multinationals to cost their subsidiaries superior rates for ingredient expenditures in an effort to diminish Canadian earnings.

The Section of Countrywide Profits experienced challenged Glaxo Canada’s use of a licence agreement that authorized it to pay for Glaxo Swiss subsidiary Adechsa in between $1,512 and $1,651 for each kilogram for that purchase of ranitidine, the energetic ingredient within the anti-ulcer drug Zantac.

Glaxo also compensated parent business Glaxo Team a 6 for each cent royalty on net income of Zantac.

The cost of ranitidine exceeded the $194 to $304 per kilogram billed to Canadian generic pharmaceutical suppliers Apotex Inc. and Novopharm Inc. by arm’s-length suppliers.

The government successfully argued in Tax Court that implementing the “reasonable” charges to Glaxo Canada would have raised the subsidiary’s net cash for 1990 to 1993 by $51 million. http://headachetreatment.net Even so the Federal Court of Attractiveness in July 2010 overturned the Tax Court’s judgement and rejected the department’s argument that reasonable markets benefit compensated by generics was the appropriate measure. It sent the calculation back again towards Tax Courtroom for a redetermination.

Creating for that Supreme Court, Justice Marshall Rothstein stated inside of a ruling launched Thursday the Tax Courtroom “erred in refusing to choose account of your licence arrangement.”

“The generic comparators tend not to reflect the overall economy and business enterprise actuality of Glaxo Canada and, a minimum of without having adjustment, do no show the price that may be good from the circumstance, experienced Glaxo Canada and Adechsa been dealing at arm’s size.”

Queen’s College tax law knowledgeable Artwork Cockfield stated the ruling is mostly a win for Glaxo and fioricet could prompt other people to adopt refined cross-border tax structures to shift gains to low-tax jurisdictions.

“There’s immense flows going back and forth and organizations have an incentive to video game the model by shifting profits nearly always to your lowest-tax nation,” he stated. “It’s damaging for Canada due to the fact it supports intense international tax preparation that sends revenues outside the house of the country.”

Canada’s lessen company tax rate compared to U.S. could, even so, insulate it from like earnings shifts somewhere between establishments with functions on each side from the border, Cockfield additional.

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