THE tussle of wills this week between Prime Minister John Howard and Treasurer Peter Costello was eerily similar to that between Prime Minister Bob Hawke and Treasurer Paul Keating.
Costello, like Keating, has (to use Keating’s phrase) his head down and bum in the air working on tax detail. Meanwhile, (again to use Keating’s phrase) Howard is out there tripping on television cables at shopping centres.
Costello seems to be suffering the same frustration as Keating. His leader is ready to undo his work at the slightest, transitory, popular backlash.
On the Business Activity statement this week, Costello defied Howard, at least initially.
Costello wants an efficient tax system and efficient small businesses. It means upsetting a lot of small businesses who have run their accounts out of a shoebox and slopped cash about without paying proper tax.
Continue reading “2001_02_february_howard v costello”