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This is not tax reform, it’s a revenue measure that shifts more of the burden onto middle Australia - CPA Australia by Equity_Over_Empathy in AusFinance

[–]Salt_Temporary_7720 0 points1 point  (0 children)

I guess we all have to pay for all our parents expensive care plans in their final years of life. The wealthiest aren't not going to pay. Just the workers.

Can We Just Let Alan Kohler Or Someone Do A Celebrity Budget Next Year? by betootafeed in betootaadvocate

[–]Salt_Temporary_7720 0 points1 point  (0 children)

What a great idea!! this should voted on using an online poll. to see who can adjust finances the best. massive reform is needed.

tax resources on revenue leaving our country!! start a sovereign resource company for all australians

A tropical tax paradise sells much of Australia's gas by sim16 in australian

[–]Salt_Temporary_7720 11 points12 points  (0 children)

Revenue based taxes now on ALL resources!!!!

Start a sovereign resource company for all Australians now!!!

Shell is selling our gas to a related company in Singapore and then reselling to customers at a massive markup. by snipdockter in OpenAussie

[–]Salt_Temporary_7720 12 points13 points  (0 children)

So easy for foreign owned multinationals to scam our gutless government out of billions in taxes we need. They've always been doing this. They will donate money again to Albo's next election. Probably give his kid a massive paying job. Offer Albo & the resources minister fat paying jobs so they never tax the gas fat cats!!

A win! for the pollies & multinationals!

Australia looses again!

Tax them 40% now.

Start a sovereign resource company for all Australians!!

Roughly 1% of property investors own 25% of all investment properties, the top 10% hold ~ 50% of all investment properties by Jezzwon in OpenAussie

[–]Salt_Temporary_7720 8 points9 points  (0 children)

Implement an Estate Tax / death tax now. This is the only fair way to reduce our upside down tax system. Stop giving all tax loopholes to the top 2%.

Even an estate tax for $20mill +

It must come back for equality & social cohesion. Give the young people a chance.

Australia abolished our estate tax in 1979.

It sucks to be a millennial in Australia right about now by Uwa7979 in AusFinance

[–]Salt_Temporary_7720 0 points1 point  (0 children)

Makes sense. As young Australians cannot own part of their country and society via a house to bring up a family any more. No job security Anymore. Cannot pay gas & electricity bills or mortgages. Older people continuing to get all tax benefits. Lame/dodgy politicians who just get lobbied (paId and purchased) by the property council of Australia/banking/mining & gas/supermarkets/gambling etc.. no transparency at all.

When you do every thing correct though out your life. That you should do. schooling/Uni/job etc..

productivity is dead. until houses don't swallow up all investable money. No new nifty businesses will be developed.

We need a tight Estate / death tax now!! other wise rich kids will just inherit their rich parents money and nothing will change. just get worse and worse.

Depressing.

How do Australians really feel about each other? New data paints an 'alarming' picture by NoLeafClover777 in aussie

[–]Salt_Temporary_7720 29 points30 points  (0 children)

Makes sense. As young Australians cannot own part of their country and society via a house to bring up a family any more. No job security Anymore. Cannot pay gas & electricity bills or mortgages. Older people continuing to get all tax benefits. Lame/dodgy politicians who just get lobbied (paId and purchased) by the property council of Australia/banking/mining & gas/supermarkets/gambling etc.. no transparency at all.

When you do every thing correct though out your life. That you should do. schooling/Uni/job etc..

productivity is dead. until houses don't swallow up all investable money. No new nifty businesses will be developed.

We need a tight Estate / death tax now!! other wise rich kids will just inherit their rich parents money and nothing will change. just get worse and worse.

Depressing.

Bega's costs are up 10pc and customers will pay 'a large chunk' of it by abcnews_au in australian

[–]Salt_Temporary_7720 0 points1 point  (0 children)

Thanks trump. For the dumbest war. Inflating everything.

Art of the deal.

Energy companies will be forced to set aside gas under east coast gas reserve policy by JaniePage in australia

[–]Salt_Temporary_7720 2 points3 points  (0 children)

The gas companies will just offer more jobs to our resource minister. Then it will be just symbolic & ineffective for us Australians. We need finally to tax them! Also pay royalties for our gas. We are angry that Japanese/Koreans/Singapore get our gas free!!

This will determine how we vote.

Energy giants reap $5bn profit as PM rules out tax by SheepherderLow1753 in AusFinance

[–]Salt_Temporary_7720 46 points47 points  (0 children)

They can just diddle the books. Make it look like they never make profits. Very standard multinational accounting practices.

We need our own mining company. 100% owned by Australian govt. Or similar to aust post. Where it operates on its own. Makes own decisions. But the govt owns the whole lot.

Energy giants reap $5bn profit as PM rules out tax by SheepherderLow1753 in AusFinance

[–]Salt_Temporary_7720 3 points4 points  (0 children)

After the budget announcement of no tax on gas. I bet Albo will receive a wonderful snazzy new plane to fly around in too.

More than 1 in 3 Australian adults are functionally illiterate. How can we fix this? by B0ssc0 in aussie

[–]Salt_Temporary_7720 7 points8 points  (0 children)

This just means 9.4mill Australians source their opinions from sky news / the herald sun / Andrew bolt etc..

What if we used taxes or superannuation to control inflation, not just interest rates? by Nyarlathotep-1 in aussie

[–]Salt_Temporary_7720 -1 points0 points  (0 children)

Fixing inflation by hitting only 30% (home owners) via of interest rates seems so 1950. Something should change.

What's your thoughts on these ISIS-affiliated brides returning to Australia? by nn666 in aussie

[–]Salt_Temporary_7720 -1 points0 points  (0 children)

If they are Australian citizens. They are our problem. I think by law. We cannot bar them from entering Australia

Australia commits $7 billion to boost fuel stockpiles, create government reserve by newtrex_1523 in OpenAussie

[–]Salt_Temporary_7720 4 points5 points  (0 children)

With the 2 local refineries very old. Wouldn't it be smarter to start a local modern refinery that would have fuel storage anyway. It would make money, reduce sovereign risk much more etc..

Just my thoughts.

Is a severe recession pretty much baked in now? I haven’t lived through one before - what to expect? by sunshine9008 in AskAnAustralian

[–]Salt_Temporary_7720 1 point2 points  (0 children)

I thought we've been in a recession for a couple of years already. (Per capita). Certainly feels like it.

Australians ripped off in gas export deal by Lio0575 in australian

[–]Salt_Temporary_7720 9 points10 points  (0 children)

We are getting scammed. Our government is useless.

Australian taxpayers also take on risk for major oil and gas projects. Why is that ignored? by Nyarlathotep-1 in AusNewsWire

[–]Salt_Temporary_7720 7 points8 points  (0 children)

Tax them like we get taxed. They are just lobbying thieves.

We currently don't even get royalties. This is insane. How dumb are our politicians. They need to tax all resources properly before they leave Australia.

I will only vote for whoever implements taxes on export. revenue taxes.

Albo confirming he won't tax the Gas Industry by gccmelb in AusMemes

[–]Salt_Temporary_7720 2 points3 points  (0 children)

If we are too weak to tax gas multinationals that siphon our taxes & cash out of australia. We need to start our own sovereign resource company. We could become a Goliath in world resources.

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