People like myself
Our lovely Prime Minister recently said (while proposing a ‘debt levy’ for high income earners), that “Certainly it is my intention that people like myself, high-income earners, should bear a significant quantum of the burden when it comes to sorting out our problems.”
What does the Prime Minister actually earn?
According to the Parliament of Australia, the base salary for a parliamentarian is $195,130, or a little over three times the average wage. Now the Prime Minister gets 160% of the base salary, which takes him up to around $320,000. But wait, there’s more:
- Electoral allowance – $32,000
- Private-plate vehicle allowance -$19,500
- Domestic and overseas travel allowances (no limit specified)
- On retirement, ‘a number of facilities at the discretion of the prime minister of the day’. These entitlements have included car costs and office entitlements such as office establishment and lease costs, fixtures, telecommunications, office stationery and publications.
That doesn’t exactly put the PM into CEO territory. But few (if any) of those additional entitlements are likely to be subject to the new income tax (oops, I mean debt levy). I’m not in principle against high tax rates for high earners. I’m fine with paying my dues. But when Tony Abbott says “people like myself”, who is he kidding?