They don't have to raise taxes just get the big corporations/mines/etc. to pay their fair share like the rest of us. In fact, with the revenue raised by accurately taxing those corporations, you could conceivably lower taxes for small and medium-sized businesses plus all individuals and still be ahead. But somehow, some companies can make billions in profits and still pay zero tax. That's the real issue.
It is the correct decision now but imo attempting to convert a nuclear submarine design to non-nuclear submarine design was ambitious. A modified Collins Class design would have been a good outcome, although that would have required forward planning years in advance.
No, as despite the exemptions, it still hits the lower earners more than those who are able to afford discretionary spending.
Yes and yes. Tax advantages should never have been allowed for other than new housing that they were originally brought in to promote.
As I wrote above, only for new housing as it creates supply, whereas allowing it on existing dwellings narrows the market.
I cannot believe how short sided our policies in the last 30-40 years were, like we will never again be involved in a war! In our wisdom we sold out everything, and we don't control even our tactical reserves!😡
There's as much non-compliance with GST as this is with most other federal taxes. Howard and Costello's promise that the GST would get rid of the black economy was a porkie and they were warned of it at the time.
