Some disabled people are also very well off too, yet their principal residence is also exempt from the assets test for the disability support pension.
Australia currently has a $40 billion dollar deficit and a public debt of $285 billion. Neither the Liberal government nor Labor opposition has a credible plan to address this. Both are content to pretend that debt and deficit can be ignored for at least the next four years.
This is not something we should tolerate. With our tax rates already high by both regional and global standards, and with so much wasteful spending, the elimination of middle-class welfare should be a high priority for any new government.
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We can easily afford to support the poor and genuinely needy while reducing taxes for those battling to get ahead if we stop handing out money to those who don’t need it.
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