Australian Budget Crisis - Common Sense Solutions

Day 823, 11:05 Published in Australia Canada by ADS94

My fellow Australians,

As the average citizen wakes up today to work at their companies, to train in the barracks, or to fight for our country, they think of nothing but how good another day will be. But, for the political class, we are involved in taking on one of the issues that will shape Australia's future. Currently in the Senate we are debating about how to tackle the massive Government Debt we are starting to face.

While I will applaud Cerb's idea, http://community.auserepublik.com/index.php?topic=6772, It is a way to cover the current budget and pretty much keep our citizen's monetary supply the same; something needs to be done now about the budget. We are spending like we are Poland. We don't have 62,702 citizens, we have 3,459.

The government is currently overloaded with Government Funded Companies, failed departments, and alliances we simply cannot support. I am not here to suggest that we slash defense spending by large swaths, I voted in favour of the largest military budget there is; I am, instead, suggesting that we must choose between who we ally with. We cannot afford to support Sol, EDEN, and MPPs with a lot of counties, these are expensive, and we do not have enough to support it all.

It is here today that I wish to tell the citizens of this country that I am here to offer a simple 3-step solution to this problem:
1. Raise Income taxes by a rate of 2%, but it is matched with a 4% cut in Government Spending. VAT taxes will also be decreased at the same rate.
2. Create a separate Government Entity for the purpose of storing funds to help Australia's citizens and the government in the coming V2 transition.
3. When it has been deemed a necessary amount, Income taxes will be decreased to current rates as we see today. But, for every 1% decrease in Income taxes, it must be accompanied by a .5% decrease in spending.

These steps will help ensure that Australia's budget remains in a surplus, and citizens of this nation can keep more money in their pocket to invest and use it for what ever they want. If this is not check now, there will be nothing stopping the government from expanding it's power to it's fullest extent, taxing the citizens so their money can be used for "the greater good", and eventually creating a government so powerful that citizens will leave Australia in waves, decreasing our already small population.

I hope that our Parliament takes the path of fiscal sanity and decides to do the unpopular and hard thing now, to ensure prosperity for Australia's future. Will we take the road of the RL United States of America? Or will we take the road to a brighter future, where Australia CAN support this spending and where Australia CAN be a Superpower.

Thank you all, and may you all Advance Australia Fair!
Senator Frymonmon (AMP - Victoria)
Hail Australia!
Hail EDEN!
Hail Victoria!