Report reveals which big companies pay no tax...

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raiderup

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08/12/17

09:54

Post #: 29476193
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Originally posted by moorookamick ↑

The Government does not run the country; big business does.

Take for example the resources boom that kept Australia out of recession.
That was created by the Chinese Government; not ours

The Chinese Givernment via its command economic strategies (economic leadership)
stimulated its own economy through massive public works. This meant that China
needed increasing supplies of Iron Ore, Coal, LNG and other Australian minerals.
The price went up but it was China, via its over investment in our resources that
created a supply glut thereby knocking the ass out of prices. So our economic fate
over the past decade has been managed by the Chinese Government ; not the Australian
Government.

When we talk about our Government managing the economy we really mean tinkering with
tax & porkbarrelling to get re-elected. If our Government were to be managing our economy
it would have:

-a 20 year agreed economic plan
-education, training & infrastructure programs to suit
-coordinate supply in key ares of our economy to achieve the best economic result for Australia.
-diversify trade so that we are not China dependant
-devise sustainable programs to add local value to our exports (like Indonsia)
-devise a national mineral/energy foreign owned divestment program so that the Australian government can
control & manage its trade.

We simply pay too much to a 'market led economy" (ie: the Government's inability to manage our economy
ans then whinge that our Government is not managing the economy.

I'm sorry to say that its either Arthur or Martha. You simply can't manage a country window-dressing the TAX
ACT & an RBA whose interest rate calls are either obsolete or redundant because our banks simply do what they want.

Wouldn't it have been much better to forge a railway line across the moddle of Australia from the Queensland coal fields to the
Iron Ore deposits in WA so that we could lead the world in steel making. Instead we spend over $50 billion on a silly NBN
which has had to be put on ice becuuse it is a fizzler & , anyway, it will be obsolete within a decade due to satellite technology.

To manage the economy the Government has to control it but we have delegated that thask to big business which is mostly
foreign owned.

We should be asking for an oath of allegiance to Australia by big business leaders , not our silly inept politicians., and by the look of the recent spate of corporate tax avoidance cases, that would be an impossible task !!!!
Moorookamick

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Report reveals which big companies pay no tax

https://thewest.com.au/news/australia/report-reveals-which-big-companies-pay-no-tax-ng-b88684429z

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