but a tax on us.
Our state government has just brought down the last major budget before the election due in March of next year. In it they have hit the major banks with another tax...except of course that a tax like that on banks is actually a tax on those of us who must deal with banks.
Now I admit, I am not fond of banks. They always seem to take money away from me, my money. They use it but the interest I get never seems to cover inflation.
If I had a bank loan they would be taking even more of my money.
Banks do very nicely thank you.
But that doesn't mean that governments can look on them as a sort of piggy bank for their own purposes, especially the purpose of getting re-elected. Nevertheless that is precisely what the present state government is doing. They also plan selling off the Lands Titles Office - $400m please from the entity foolish enough to buy it.
All this is coming from a government which is seeking to get re-elected for a fifth term. They actually lost the last election in the sense that they did not get a majority of votes. It was the electoral boundaries which won them the election.
Still, they think they can do it again. It's a smart move. Tax the unpopular banks to look as if you are creating jobs.
Look carefully at the policies though. Look carefully at where the money is being spent and how it is being spent. That cut in health was unpopular? Let's reinstate it with "new" spending. That project was halted? Let's get it moving again as a "new" initiative. This seat is under threat from the Opposition? Not a problem. Here's a nice little project. It's not really needed but it will be popular.
Pardon my cynicism...after all, the present Opposition would do the same.
The Senior Cat is an OM (Order of Merlin) in the world of conjuring. He says conjuring has absolutely nothing on politics.