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

NG on housing, capital gains tax discount, multi national tax avoidance, page-4

First 4 Last

Share
Profile

Follow
9703yn

6,665 Posts.

15

20/02/17

05:41

Post #: 22737491
Share

Originally posted by happypunter ↑

USA aiming for 15% corporate tax rate, UK aiming for 17%, Ireland 12%, Canada aiming to lower, Singapore and Hong Kong already very low.........these countries will pull in vital foreign investment from the global corporate players and CREATE REAL AND HIGH QUALITY JOBS for their people.

Meanwhile Australia stuck at 30% will become more of a backwater not only struggling to attract new investment but see a lot of it pulled out and moved to more competitive locations like those above.

Maybe we can still create jobs as waiters for our young people serving foreign tourists

Expand

My thoughts exactly, happy. Although, we are definitely in the minority on this one.

I reckon we should drop ours to 15%, or not bother at all.
Upvote

Reply

Top Stories

ASX Market Close: Iron awe keeps the XJO tracking along

Japan tariff deal inked at 15% – as long as US gets half a trillion of investment

Listen: HotCopper Wire Podcast 019 – Dreaming of the 9,000s

TLX

Telix sinks as US regulator SEC issues subpoena over claims

TMG

Trigg brings famed Finnish metals refiner – and its tech – onboard to bolster antimony processing

First 4 Last