- Joined
- 26 March 2014
- Posts
- 20,043
- Reactions
- 12,609
All those are separate issues to UBI, but you are correct, they should be addressed.
Have you ever own a business SirRumpole? Do not take that as an attack, this is not the intent, but what is your image of owning a business in 2020?
Do you have any idea of the actual struggle in term of ATO compliance, funding, compliances not even discussing the actual business.And no, you can not dump it on an accountant that easily
Why would anyone bother here?
We will see what Josh has to say today.
I think we should be reducing company and individual income taxes dramatically; then raise GST with exceptions on rent, food and energy. This will alter government revenue streams which will essentially tax consumers that can afford it.
A resource export tax would also be a tax that consumers can afford.
5% at least on LNG, iron ore , coal, gold.
It will be difficult to get the miners on board with a resource tax; however they might be willing to consider a temporary resource tax to get our nation out of debt.
By the time we get out of debt the tax would be permanent anyway.
It will not get up taxing resources or companies.It will be difficult to get the miners on board with a resource tax; however they might be willing to consider a temporary resource tax to get our nation out of debt. Also if company income taxes are reduced, the miners might be more willing to negotiate on a temporary resource tax.
There is no way in the wide world that Resources Australia will tolerate a tax.
They would enact a KevDed strategy.What would they do about it ?
Stop digging ?
Another way is give them a means to avoid it.It will be difficult to get the miners on board with a resource tax; however they might be willing to consider a temporary resource tax to get our nation out of debt. Also if company income taxes are reduced, the miners might be more willing to negotiate on a temporary resource tax.
Perhaps this discussion should be in another thread so as to not hijack this one but for the record, I've held the same view since the 1990's.
Globalisation will crash and burn once the corporate office workers lose their jobs. That's the point where they'll wish they'd stood with the factory workers as they were marched out the door a generation earlier.
Globalisation has pretty much run its course in my view and the major trend going forward will be in the other direction, indeed that already seems to be underway. I intend that as an economic comment not a political one although the two are related.
Perhaps better to have a separate thread on it though.......
In W.A housing is moving again, after being in the doldrums for the last 5 years, the State and Federal building stimulus seems to be creating a lot of interest. From memory the building contracts have to be signed by year end, so it will be interesting to see if the momentum continues in the new year.A few houses selling slower than usual round my way. About 4 at a month on market.
one good property sold pretty fast though. About 2 weeks on before the sold sign went up.
Things have visibly slowed down. I know that the job keeper was cut for this quarter to many businesses that couldn't show a reduction. It may have been smarter keeping it through till Christmas. But perhaps it will bounce back with the election done.
The reality that even someone who really does have many $ millions can’t actually buy things that ordinary people could readily buy 12 months ago would rationally prompt a “live for today” mindset.I wonder if the general depressive aura around the virus, the lockdowns, the negative press, the constant 24hour media bad news cycle, isn't making people just say "sod it i may as well spend it now, things could be a whole lot worse tomorrow".
We use cookies and similar technologies for the following purposes:
Do you accept cookies and these technologies?
We use cookies and similar technologies for the following purposes:
Do you accept cookies and these technologies?