The big push to enforce a corporate tax cut is still on. It might have stalled in the Senate, after last May’s budget, Treasurer Scott Morrison’s three stage plan is still on the books. Continue reading Taxation scam is designed to benefit the richest at everyone else’s expense
Here is a call from the activist online organisation GNU, for Australians to come together to build an economy that works for everyone, not the one percent. It is suggested that this is a good time to be bold, meet the big challenges and put forward real concrete measures work towards a better future and deliver what we want. We do not need to accept a failing economy, which does not deliver fairness and what we need to pursue our potential as individuals and as a society. Continue reading Video: This is a future to fight for
The big selling point in this year’s federal budget is the tax cuts. No doubt, much of Australia will appreciate having to hand over a little less of their income. This has the marking of a government, scared that it is in a terminal decline. Continue reading The 2018 budget covers that there is more take than give
The budget handed down by the Victorian government on Tuesday, is an important step in the right direction. Of course, the final verdict is in the detail and some of this is still missing. Continue reading Victoria’s new budget should be the start of a new direction
A recent 7.30 report program broke the story that big corporations headed by the Business Council of Australia, are raising a $26 billion election fund to promote their sectional agenda. Continue reading The Business Council is raising a $26 million war chest for the interests of big business
The Turnbull government compelled by circumstances to respond to popular pressure of action on the banks, the disclosures of whistleblowers and finally rebellion among its Coalition partners in the National party, with a Royal Commission. Continue reading Royal Commission into finance industry exposes some truths but the problem is systemic
The Turnbull government claims that its company tax cut will increase wages or create more jobs. But a secret survey conducted by the Business Council of Australia and reported in the media, shows that more than 80 percent of companies will use the gain to boost returns to shareholders or invest in the company. Continue reading The Turnbull government company tax cut is a bad move
In one of a suite of new submissions to a Senate inquiry, Oxford Institute for Energy Studies academic Juan Carlos Boué warned that unless Australia “radically overhauled its fiscal regime,” it would mean the second lowest share of government revenue from oil and gas in the world. Continue reading Australia is losing $90 billion in taxes not paid by oil and gas companies
Continue reading ABC censors Alberici’s uncomfortable tax cuts truth after Turnbull complaint
As expected, The House of Representatives passed legislation for a company tax cut at the end of last week, from 30 percent to 25 percent by 2026. Continue reading There is absolutely no justification for corporate tax cuts
