Careful there AlanB.

Nationalism leads to authoritarianism, which in turn leads to war!

Diver, suggest you reread my post more thoroughly, if only to understand, no nationalism was envisaged. All I suggested was a tax methodology that the current tax avoiders couldn't avoid!

That said, I prefer cooperative capitalism and as a means to get australian profits winding up exclusively in Australian bank accounts! And where no tax avoidance would be necessary or desirable.

For instance in a corporate capitalism model, we wouldn't have shut down the car industry, But reclaimed most of the money we've ploughed into it by confiscating the robotics and assembly lines then setting these industries up, with the government acting as the facilitator to enable employee operated co-ops.

And as right hand drive electric vehicles for a large enough niche market with sufficient economies of scale to more than support maximum possible production. Say a million units a year?

Co-ops are the only free market private enterprise model to largely survive the great depression, mostly intact.

Moreover they beat the pants off traditional public enterprise and big business alike. And ensure our money stays here percolating around and through our economy, working for The Australian economy and creating flow on factors that makes one dollar do the work of seven.

And resisted by most big business, given they know to a virtual man. They simply could compete. And just one of thousands of poissile examples. We just need a government that puts Australia and Australians first!

The key to ultimate success is cheap energy and skillful marketing. Plus our own national fleet ensuring our products get priority.

Yes we can afford all of it by leveraging our own two trillion plus, super fund!
Alan B.

You can't give tax cuts to companies that pay no tax to begin with.
http://www.theguardian.com/media/2018/feb/16/abc-removes-corporate-tax-cut-analysis-after-complaints-from-malcolm-turnbull

Also I was googling Emma Alberici and I came across this article and thought it was worth a mention:
http://www.smh.com.au/entertainment/tv-and-radio/news-and-current-affairs/lateline-host-emma-alberici-hits-back-at-bully-claim-20170815-gxwlu3.html

So here's a special shoutout to 'Broede Carmody' who stated:
'The commentator also suggests children are better off being raised by a mother and father, which is incorrect.

The budget is forecast to be back in surplus around five years from now as it was five years hence and by the same advisors? Even with corporate tax cuts included?

How?

Well by imposing bracket creep into the extrapolation? Always providing wages growth keeps up with or exceeds inflation?

In the interim, the government, regardless of which side of the aisle they come from will be looking for foreign investors to invest in Australia? As seen in most of our "own" defence industries?

Let's hope they don't run true to form as debt laden, tax avoiding, price gouging, profit repatriating, non patriot, foreigners?

We've always had foreign investors? Starting with the gold miners from the world over, here to make a quick killing and go home with a fortune? Some found out that the quick killing was only applied to them by the authorities who just wanted to tax them into the ground, unless the came from privileged backgrounds or British aristocracy?

We don't do cooperative capitalism very well, but courtesy of John Howard and a compliant national party, set about dismantling it and the floor price system that supported most of it, along with regional and rural australia.

And instead of dismantling it we could've instead chosen to modernise it and bring it into the 21st century!

But no, we'd sooner sell our souls and heritage to the devil or the aforementioned foreign investor? Who when the going got tough got up and went! TBC.
Alan B.

So traditionally, when the choice boiled down to prospering the nation and our own people via cooperative capitalism or just selling what was not nailed down to foreign investors or non working drone investors, we always chose the latter!

We could have used the same social credit/monetary model that created the postwar Japanese economic miracle, That took a bankrupt, war torn and almost destroyed, resource poor nation, to the second largest economy in the world!

But no, like the divided rabble we've become, sold off what was not nailed down at bargain basement fire sales?

And made the fatal mistake of allowing virtually unfettered foreign investment in our real estate and to the point where virtually none of our children can buy/afford a home of their own or indeed as par for the course, the family farm!

We could do so much better and just by putting Australia and Australians first, but no, that wouldn't include post politics "prosperity" for our alleged public servants?

Others have described our political class as clueless and gutless?

It's far worse than that, they are visionless idealogues myopically focused, on the demands of the political contest and largely irrelevant minusia, to the point of failing to understand or even implement their true role?

And fail to understand, in an Australia where universal prosperity was the creation and handmaiden of the political establishment, they wouldn't ever have to worry about post politics penury!

Yes we can do tax reform and for real and implement an energy policy for we Australians, not ever foreigner with a fist full of dollars!
Alan B.

Sadly, the author's long and unrelated socialist shopping-list dilutes the argument.

I oppose the author's shopping-list, but I also oppose the proposed corporate tax cuts. On the contrary, I support a gradual INCREASE of corporate taxes.

First, unlike the compulsory taxing of individuals, taxing corporations is not immoral (corporations are not sentient beings) - so if some tax-taking is needed, then let it be from the corporations.

Second, foreign companies diminish our ability to survive on our own once the world's economy goes down the gurgler ('once', rather than 'if'), as well as to maintain moral standards as the world's moral standards decline. This is not a matter of nationalism, but of keeping things simpler, local and less dependent on mammoth structures, so operating the essential economy on Australia-scale is better than operating it on a global scale, though I would prefer to reduce that scale even further. Taxing foreign corporations is a good way to discourage them from operating in Australia.

Now there is a problem: many share-holding beneficiaries of corporations are ordinary people, especially through superannuation, including those who have no other assets. Over the years, Australian governments, through the RBA, used inflation to force people who are otherwise decent and responsible, to become risk-taking shareholders - and now it's difficult to untangle. This requires gradual and careful transition off holding shares, first away from foreign companies and eventually from all large corporations. In any case, artificial state-initiated inflation needs to stop, so that people can keep their hard-earned savings without resorting to share-holding, along with the dependency and corruption that come with it.

Some worry about unemployment. Now I do not consider unemployment a bad thing, but let's not enter this discussion because in fact it won't happen: as the big corporations are driven out, there will be more need for local workers to resume producing those essentials that were formerly lost to mass-production by large corporations. Good old skills will be re-learned, hopefully in time to survive a global economic collapse.