The cuts would certainly increase profits and make companies more competitive with overseas companies, but how would the unemployment pool diminish? Answer: it would not. Manufacturers etc would not employ any more people than they do now. The don't need to, and there would be no trickle-down effect. Business would just pocket the tax cuts and continue upping prices domestically and paying themselves too much.

All these companies the government wants to support have already demonstrated their greed and lack of interest in Australia by moving off-shore. Any increase in employment would go to low paid foreign workers.

The big end is already screwing ordinary Australians. Just look at prices for everything.

And Australia is the most expensive country in the world for ice addicts.

Tax cuts will make no difference to them.

Which leads to the fact that almost a third of the Australian economy exists in the black market, where nobody pays tax.

One would think, Governments would concentrate their efforts towards reigning in tax dodgers in the small business economy.

A total view across all sectors of the Australian economy, shows the repugnance towards paying taxes by all of it, is leading to loss of Government income on a grand scale.

Everything you say is true Mike? Even so, there's a case for tax reduction and for every tax payer. And as an entirely unavoidable PAYE/PAYG flat tax of 15%, everyone who earns income above a sensible threshold, say $50,000.00 P.A. pays. With no exclusions or tax avoidance for any reason. XXX Were this made mandatory, the sharp practice you identified Mike, would not save those employing it, a single brass razoo. But rather, have them pay our tax on all income earned. Then that of their preferred tax haven! XXX And if they want to sell for the cost of production to a parent company then let them. Always providing they have the requisite export licence and the parent company not able to export Australian made production back here! XXX An entirely unavoidable 15% flat tax will make any tax avoidance null and void. And the only reason we don't have it as genuine reform. Along with a plethora of mealy mouthed politicians benefitting from the current system with more holes in it than Swiss cheese. XXX And with it replacing all other tax, tax compliance costs vanish along with the complex system that allowed tax fraud and avoidance. And enable companies currently paying the 7% averaged ripped from the bottom line by current compliance costs to return this money to the bottom line. Meaning, the new effective rate would be just 8%. And plenty of incentive to invest and keep the profits onshore least they be double taxed by another economy. XXX Alan B.

There's also a case for reduced government spending, just not reduced services. And only double if all the profit demanding middlemen, government or private are removed from the system! XXX How? Well by a direct funding model for education and health and as means tested endowments for those using either publicly funded health or publicly funded education. XXX Which would then require all service providers to compete in an open free market for clientele. Because that is where their bucket of money would then reside. XXX Moreover, it would matter how many palms they greased, nothing would alter that! Arguably, This and the army of bureaucrats removed from this particular trough by the reform, the only reason we haven't already installed this pragmatism; and the regional autonomy that would further reduce government expenditure by as much as 30%. Without needing to reduce or withhold a single service. XXX Just unable to engage in the usual pork barrelling and vote buying (corruption) that so marks the current service roll out. XXX Alan B.

On this note one should add the government claims it can't pay one hundred billion (one third of a single year's tax receipts) for a completely sovietised power delivery system. XXX But private enterprise can. Even if they, private enterprise have to pay twice as much to borrow their money, which sees the average consumer paying it for them in their price gouged power bill. We the people pay either way as tax payers and or consumers. XXX This is the same nonsensical economically illiterate reason for wanting private enterprise to roll out the NBN. Privatising our bank and privatising our telco etc.! XXX Yes there was a case for corporatizing all the above and making them effectively independent entities not run by the government. XXX Simply put, a sovietised power supply would still earn a return, especially if sane cooperative capitalization were applied to the management/employment model. The reason, the dramatically lower energy costs that'd Then be imposed business and the domestic user. XXX And we could then decide when to upgrade and when to replace and from earned income, earned here and kept here! XXX Alan B.

'The big end is already screwing ordinary Australians.'

The only ones screwing Australians is Australians....especially when they go to the polling stations and vote!...vote for what?... who knows? and that's where the whole thing falls down.
The indigenous want Price Charles to sit down and discuss the hand back of Australia....what effing planet am I on?

The 'mericans want to missile Syria on the unproven claim that Assad was responsible for the gas while they're still denying dropping Agent Orange on their and our troops in Vietnam or the decimation of Iraq...with Australian help...puleeze
May accusing the Russian as a done deal when the British establishment has to have two commissions of enquiry over 20 years to determine who lied about Iraq
The world in chaos and we're discussing tax cuts which don't mean a thing other than a further financial drain of profits or does everyone think foreign investment is someone buying a condo on the Gold Coast?