WEDNESDAY, APRIL 25, 1990
9
REVENUE POLICY INCONSISTENT
MIX OF REVENUE GOVERNMENT DOES HON RONALD
A CASUAL STUDY OF PAST BUDGETS SHOWS THAT THE PROPOSALS DIFFER EACH YEAR, THUS SUGGESTING THAT THE NOT HAVE A CONSISTENT POLICY ON HOW TO RAISE REVENUE, THE ARCULLI, SAID IN THE LEGISLATIVE COUNCIL TODAY (WEDNESDAY).
GOVERNMENT SPEAKING IN THE BUDGET DEBATE, MR ARCULLI SAID SOME
WHEREAS MANY HAD NOT CHARGES WERE REVISED ALMOST ON A YEARLY BASIS BEEN ADJUSTED FOR YEARS.
FRES AND CHARGES
HE SUGGESTED THAT THE GOVERNMENT REVISE ALL REGULARLY, SAY ONCE EVERY TWO YEARS, ACCORDING TO INFLATION LEVELS.
AND
TREASURY WITH A STABLE AND THIS WOULD NOT ONLY PROVIDE THE
FROM UNEXPECTED SAVE PAYERS BUT ALSO FLOW, INCOME UNPREDICTABLE HIGH LEVEL OF INCREASES, HE SAID.
STEADY
IN
ON RATES INCREASE, MR ARCULLI SAID ANY SUBSTANTIAL INCREASE
PARTICULARLY RATES WOULD BRING ABOUT AN ADDITIONAL BURDEN ON ALL, AND THOSE IN THE MIDDLE AND LOWER INCOME BRACKETS.
RATES LEVEL FROM REVISION OF
"THE GOVERNMENT MIGHT ARGUE THAT INCREASING SIX TO 7.5 PER CENT IS BY NO MEANS' UNREASONABLE, BUT THE ALL RATEABLE VALUES WITH EFFECT FROM 1991-92 MEANS NEXT YEAR, HE NOTED.
[L
FURTHER INCREASES
LOOKED AT THE SCALE, SLIDING
CHARGED A IS
HE SUGGESTED THAT WHEN THE FINANCIAL SECRETARY HE MIGHT CONSIDER A PERCENTAGE CHARGES NEXT YEAR,
RATEABLE VALUE BE HIGHER UNDER WHICH PROPERTIES WITH A HIGHER PERCENTAGE, ADDING "TO ENSURE THAT THE BURDEN OF THE CHARGE EQUITABLY SPREAD BETWEEN DIFFERENT CLASSES OF RATE PAYERS.
PROPERTY
PUMP
WINE GOURMETS,
NOTING THAT
OF
IN
KONG HONG RACEGOERS AND
COFFERS PUBLIC DOLLARS INTO
CAR-LOVERS,
OWNERS, SMOKERS,
BUYERS AND HUNDREDS OF EACH YEAR, MR ARCULLI MILLIONS
DECADES HAD BEEN USING PROPOSED THAT PLEASURE BOAT OWNERS, WHO FOR AND PERHAPS POLLUTING OUR WATERS AT A MEAGRE COST, BE ASKED TO MAKE A MEANINGFUL CONTRIBUTION.
ON PORT AND AIRPORT DEVELOPMENTS, MR ARCULLI SAID IN A OF THIS SIZE AND COMPLEXITY, TIME WAS MONEY.
PROJECT
"IN
THIS
RESPECT
I
AGREE PAST
WITH THE EXAMPLES." WAS THAT
+1
THE
FINANCIAL NEVERTHELESS,
PRIVATE
SECRETARY'S
HE
SECTOR
SAID WOULD
REMARKS THAT WE CAN LOOK TO WHAT WE MUST NOT ASSUME THOUGH NECESSARILY SHARE THIS VIEW.
"IT MAY BE THAT THE RISKS PERCEIVED BY THE
BUSINESS COMMUNITY CONTEMPLATED TIMEFRAME ARE LEAST OF WHICH QUITE WOULD.
ON A PROJECT OF THIS TYPE AND WITHIN THE SOMEWHAT HIGHER DUE TO A VARIETY OF REASONS, NOT THE IS THE
FACTOR, COST
FOR AND
HIGHER RISK
UNDERSTANDABLY, WANT A HIGHER RETURN," HE SAID.
THEY
/MR ARCULLI
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