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NG on housing, capital gains tax discount, multi national tax avoidance, page-5

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denk12

7,449 Posts.

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20/02/17

07:10

Post #: 22737809
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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

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... and behind that 30% is the 47% individual tax, that'll nail you every time you touch your money tied up in an overtaxed corporation.

No hope.
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