Wednesday, January 18, 2012

Asset Sales

I would like to state that I will not support any sale of government owned assets. (Brisbane Times story: Asset sales touted to cut tax) I wish to make two points. 

  1. Governments should provide essential services and run them as a not-for-profit business.
    If they were ran this way, the community would be provided the service at the lowest possible cost, thus allowing us to enjoy a lower cost of living.
    Example: Power and Water. If these assets were to be sold, the company buying them would have to run at a profit, and that profit would be at the expense of the user (nearly everyone). The same would apply if the government ran them at a profit. The user would suffer.
  2. Government owned assets that aren't an essential service should be kept and run to make a profit.
    This profit in turn would allow the government to use that money to provide other services (or tax breaks etc...) to the community. 

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