Australia's largest stock trading and investment forum Australia's #1 stock forum

Emotional moment Scott Morrison is forced to ......, page-95

First 95 Last

Share
Profile

Follow
barbal

3,158 Posts.

75

03/04/20

18:27

Post #: 43869220
Share

Originally posted by moorookamick: ↑

We have not been given any info on who pays the bill and when and for that reason I,m really concerned that workers/consumers will be cruelled by
an increased GST rather than a fairer system which makes corporates pay their fair share.
I'd prefer to see the pausing of GST refunds/credits to export miners until such time that our national debt is returned to a manageable level.
Perhaps GST input refunds could be adjusted pro-rata to foreign ownership? That is a corporation which is 75% foreign owned gets 25% refund of its GST inputs, etc,

Our total Government debt is $1.1 Trillion with the prospect of that doubling that over the next 2 years to 100% of GDP with a recession contracted
economy. We should be putting in place taxation policies now before the multinationals get the opportunity to wrong foot us via increased transfer pricing & debt loading to avoid Aussie tax.

We need leadership from our Government that calls for good citizenship whether that be individual or corporate and has the guts to back it up with tax legislation.

Mm

Expand

Could do what they do in the UK, employees do not put in tax return because they cannot claim anything.
1 Upvote

Reply

There are more pages in this discussion • 22 more messages in this thread...

First 95 Last

SPONSORED BY