What it does is make us less competitive on a global basis and encourages the majors to invest in offshore projects to secure the commodity supply required to meet demand. That will result in job losses and less company tax receipts.
Your comments about 'thinking a little deeper' and 'needing to be smarter', apart from patronising in the extreme, should perhaps be applied in equal parts to your own arguments.
'Tax the good time to fund the bad time'. Really? Is that what is happening here? I don't recall any mention of a fund been established to quarantine the $$$ for when the cycle ends. That argument is unsustainable on what is currently known.
The libs SHOULD be out there beating the drum about how bad this really is. Who else do you expect to do it?
henry review at a glance, page-74
-
- There are more pages in this discussion • 193 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)