Opportunity Goes Begging With Coalition’s Rollover on Tax Cuts

Commentary Break tax promises and you break the trust of the electorate, and once trust is gone there is no road back. In allowing Prime Minister Anthony Albanese and Labor to renege on their, “I’m a man of my word,” tax promise the Coalition has conceded an election victory strategy as they too break their solemn promise to the electorate. Former U.S. President George Bush Snr. learned the lesson. Having campaigned on no tax increases with his bold and unequivocal statement, “read my lips,” there was no recovery after he increased taxes. He lost the presidency after his first term, having enjoyed public support hardly ever experienced by a president of the United States....