When bureaucrats write the rules
Coalition MPs are scrambling to defeat a passage in
the income-tax amendment that would inhibit dividend
payments by investors getting incentives from the
government. Several MPs are competing to be the first
to submit a bill to remove the controversial passage.
This episode is a good example of how non-elected
bureaucrats sometimes try to dictate government policy,
instead of leaving the task to elected politicians. When
Ivan Pilip was still an MP for US-DEU, he also caused a
storm by slipping in a controversial amendment (on
buyout offers to minority shareholders), but there was a
big difference. He was an elected official with every
right to do so. This time, one or more non-elected
ministry officials with an axe to grind against foreign
investors tried - unsuccessfully, it seems - to write the
rules themselves, without the approval of politicians or
voters. EU
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