Australia continues to slide toward hard core Marxism. Last week featured the likes of NSW union punk Sam Dastayari, Milne and Xenophon, the far left populist, attacking the world's most successful companies. What do these 3 politicians acting like Mother Theresa contribute to the Australian economy? Nothing but debt.
Judith Sloan: What a week – of lying, misrepresenting, defaming, ignorance on a massive scale and abusing parliamentary processes. It has been nothing short of a show trial.
Senators Dastyari, Milne and Xenophon should be sent on a long boot camp only to return when they have woken up to their errors and realised that their evil motivations are causing significant damage to Australia’s national interest.
Where do you begin? [Sinclair Davidson], has been doing a great job broadcasting the lies and deceit.
Don’t you just love the line: I am not suggesting you are doing anything illegal, just immoral/unethical? What does this even mean, but the nasty slur is made…
(L)et’s not forget that the profits derived by Apple, Google and the like are the returns to their intellectual property that is not created here; the costs of the actual physical or digital products are very low…
No doubt, Abbott and his team will be feeling panicked about being seen to be doing something and, in crazy talk, Hockey has raised the possibility of introducing a diverted profits tax – the so-called Google Tax – like the UK. Mind you, the UK doesn’t expect to raise much revenue.
For the Abbott government, this will be an act of seeming rather than doing because doing is essentially impossible. (Mind you, Labor can offer nothing else, lest the economic damage be huge and I don’t think Bowen and Leigh are that stupid, although Dastyari is ...)
And what an unconvincing explanation of Rob Heferen, Treasury revenue head, about the possibility that a diverted profits tax, which he admits will raise no real revenue, will encourage affected companies to pay normal tax. Sure, mate.
