I don't recall the bankruptcies being abnormal and I did very well in business. And a lot of people made bundle on dot coms before they went bellyup
I was angry with the FBT and still am. I hate the BAS that Howard imposed on business. And I hate the persistent march since 2000 of govt intrusion into business activities and foisting public service type paperwork on private enterprise, which makes me wonder what the PS actually do with their time now someone else is doing it for them.
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