Repaying the economic stimulus, how ?

So the Government will tell you how good things currently are, and how much worse things could have been ......
Plenty of people are stoked at all the additional "free" money they've received, most are just grateful to be able to stay afloat.
Everyone is hoping the current circumstances will end sooner than later

What are peoples thoughts on exactly HOW the Government intends to recover the 100's of millions (up to a Trillion) spent on economic stimulus ???

An additional fuel levy/excise
Increased taxes for income tax and business tax
Increasing the gst to 15% (or as much as 20%)
Up the luxury car tax and lower the threshold
At a state level, stamp duty increase, increased registration,

How will we get out of this financial hole

Thoughts

 

COVID-19 debt recovery levy.... might be dressed up in different clothes but will be same hag.....

 

Middle class patsies will get stuck with the bill in one way or another..

 

The Gov issues a bond for $1T
CBA buys the bond
RBA buys it from the CBA
Gov pay the coupon to the bondholder (RBA in this case)
RBA pays a dividend to its only shareholder (the Gov.)
The circle continues until inflation takes care of the face value of the bond.
Simples

 

And whilst they are at it they can do something similar with Qantas, Telstra, CSL, BHP, and Medibank Private as well... Simples.

 

We'll get slugged for it of course , and our cost of living will sadly become even more ridiculous .
Personally l reckon they should just print up a bill or two every few wks and just quietly slip that back into the cookie jar for a few yrs. No one'll know the difference

 

That is exactly what will happen. It will take a while though.

 

Astute perspective - the key to take from the article is not to cut back on public spending or, in any other way, hinder the natural growth of the economy by introducing austerity measures:

We do not have to worry about paying off the coronavirus debt for generations | Emma Dawson

 

l hope it does , they couldn't possibly dream up even more ways to rip us off later than we already are being, but they could, in a heartbeat , so hell yeah , thanks for everything gov nice to see you doing something useful other than kissing american butt , buttttttt !