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Cowboyinvestor

23,690 Posts.

33

03/05/22

15:09

Post #: 61175081
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Originally posted by Scott th Ratbag: ↑

but they'll also act on the massive super-profits of Chevron et al.... the recent surge in oil/gas spot prices have enabled the LNG exporters to make record profits, and as Fe ore and coal also hits the highs, these also should be paying much more.

this is where the Labs suggest they will pay for their smallish increased spending.

Did you know that the current Fed Gov. is the biggest spending and biggest borrowing Gov in Aus history? yes much due to the increased costs but we are talking pre-covid.....

the M. Gov is irresponsible and the data shows the important points mentioned above.

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$1.9b in revenue increase through their headline multinational tax reform... its the equivalent of a bucket of water in a house fire...
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