John Hewson: Coalition Opposition Leader, 1990-4; Professor and Chair, Tax and Transfer Policy Institute, Australian National University
[The] inequity of the process!
To argue that everyone is sharing the burden, when obviously they are not, because, people at the bottom end of the income scale are losing between 12-15% of their disposable income and people at the top are losing less than 1%.
The inequity just screams at you …
I think [Abbott and Hockey] actually did believe they had brought down the 'budget of the century' — [one] that actually will be remembered as probably one of the worst; because, it was so ill conceived, so many incoherent messages, so many partial attempts to solve problems, with massive inequity overriding the lot.
A lot a pain for very little gain.
What do they do now?
If the revenue continues to be weaker than predicted, which is … a pretty high probability, and the deficit will start to blow out and they can't go back an try and fix it again.
(The rise of anti-establishment political parties, 25 May 2014)
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