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Family Tax Benefits 14 May 2013

Posted by uggclogs in Life.
Tags: , ,

There has been a lot of talk in Australia lately about broken promises. The Federal government decided to implement a few of new taxes over the last couple of years; the carbon tax and the mining tax. The former was a tax on polluters of carbondioxide, and the latter was a tax on mining companies.

The government was promising all these lovely benefits to ‘average Australians’ and ‘families’.

Turns out that neither one of these taxes has actually amounted to a whole lot of revenue for Australia. At least far less than projected. So all these promises were suddenly unfunded. So now the government (still the same) has had to scrap some of these promises as the economy is likely to run into deficit when budget is announced tomorrow.

One of these promises was higher “Family Tax Benefit A” which was scrapped earlier this month. It got me thinking – what is this benefit? And why is Australia already forking out billions of dollars for this benefit?

The Australian Tax Office states that the Family Tax Benefit Part A is paid for each child.

Now, I know children are expensive. You need a bigger house. A bigger and safer car. Clothes they grow out of and food. Never ending food. And school fees, uniforms, books, school outings. And then there are the activities, the sports, the music, the scouts (or similar) all the things you choose to expose your child to to make them into well-rounded individuals.

But I am going to edge out on the controversial branch here, and ask the question – Isn’t it a choice to have children?

I sure hope to have children one day, and I am sure that time will be difficult financially. And I will want to provide them with the best I can offer. But does that mean that all of Australia must pull together and pay for the brood that I pop out? And until the age of 16 (as the ATO currently states) or up until 20 in some cases?

I simply cannot agree with that.


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