[LINK] Strategic misrepresentation
Bernard Robertson-Dunn
brd at iimetro.com.au
Tue Mar 18 19:54:48 AEDT 2008
Marghanita da Cruz wrote:
> Thought a few on link would share my interest in this concept...
> <http://en.wikipedia.org/wiki/Strategic_misrepresentation>
Like this?
Government's sleight of hand not a cut above rest
Mark Davis
March 17, 2008
http://www.smh.com.au/news/opinion/governments-sleight-of-hand-not-a-cut-above-rest/2008/03/16/1205602187526.html
<extract>
Here is how it works.
On budget night, the treasurer presents the government's latest plan for
the following financial year. The taxing and spending numbers announced
represent the amount by which Treasury's previous forward estimates for
the next financial year have been changed to reflect the latest
government policy decisions and information about the economy.
So when a tax cut is unveiled, the impressive headline figure spruiked
by the treasurer does not represent the amount by which tax collected
next year will fall compared to this year. Rather, it represents the
difference between the new estimate of how much tax will be collected
next year and the previous estimate.
</extract>
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Regards
brd
Bernard Robertson-Dunn
Sydney Australia
brd at iimetro.com.au
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