Shadow Treasurer Rob Lucas today issued a warning to the media to be aware of shifty looking Premiers sidling up to them and trying to claim credit for tax cuts which are really part of the GST tax trade off deal!!
Just last month Peter Costello issued an ultimatum to Mr Rann and all Labor state premiers – either get rid of 7 separate state taxes or else Mr Costello would rip up the GST deal!
Of course Mr Rann and Mr Foley have spent the last month attacking Mr Costello for issuing the ultimatum and claiming that it would ruin their state budget.
The 7 state taxes in the Costello ultimatum include the following small business stamp duties:
• stamp duties on rental, credit and instalment purchase arrangements
• stamp duties on bills of exchange and promissory notes
• stamp duty on non-quotable marketable securities – e.g. transfer of units in a unit trust or shares in a company not quoted on a recognised stock exchange
• stamp duty on mortgages, bonds, debentures and other loan securities – mortgage duty abolition announced last weekend
Mike Rann has more front than Dolly Parton on this issue and his approach has been absolutely shameless-
• he opposed the original GST deal
• he opposed the Costello GST ultimatum issued last month
• and now he tries to claim credit for these stamp duty cuts!!
On Saturday Mr Rann gave an exclusive story to the Advertiser (which prevented the Advertiser from checking the facts with anyone including the Liberal Party) claiming credit for the abolition of mortgage duty, and then he and Foley all day denied that it had anything to do with the GST!
Local media should therefore be very cynical when Mr. Rann tries to claim credit for the abolition of these taxes.
These cuts would not have occurred if the former State Liberal government hadn’t signed the original GST deal and Peter Costello hadn’t issued the GST ultimatum to Rann and Foley.