"It doesn't matter how beautiful your theory is, it doesn't matter how smart you are. If it doesn't agree with experiment, it's wrong." Richard P. Feynman
Monday, June 11, 2012
Carbon tax to hit hospitals and schools
The Gillard government is paying out billions to placate angry voters in Labor's heartland but state government institutions such as schools and hospitals are not exempt and have not been compensated. NSW has a potential liability of $46 million for the tax which the premier says he will recoup from mining royalties which will draw more angst from the federal government. Small business will be hard hit especially the mum-dad non-incorporated types who have no recourse to compensation and employ a large percentage of the workforce. Self-funded retirees who after a lifetime or work and saving to avoid being a cost to the community, will also go uncompensated. All this for a tax which will achieve nothing towards it's purpose of reducing global temperatures and was only introduced to further Gillard's political aims and has been a disaster for her also.