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The robo-debt pile-on : Comments
By Brendan O'Reilly, published 5/6/2020The elephant-in-the-room is the vast number of identified Centrelink overpayments that are real but may now never be repaid.
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Most of the wealthy, can so arrange their financial affairs so a to reduce their share of the tax burden to 15% What's good for the goose?
With some small private enterprises adjusting their expense sheet so as to pay no tax at all.
In actual dollars, the most company tax paid by any Australian corporation for the year ending 2017 was just 13%! with some paying in actual cash transferred, 4%!
And a reported 40% paying none at all!
The latter among the largest multinational corporations?
Yet we have this absurdity of folk without enough to actually live on!
Being asked to repay debt most never ever owed!
Before we start to attack the lest well off for money never owed? Why don't just end the age of entitlement and end, negative gearing, fully franked tax returns to folk not paying any tax! And subsiding the super entitlements of the wealthy?
And use those savings to build a pool of public housing that the poorest can afford And get the building industry out of the valley of death they're currently in!
Invest our money in a reliable, dispatchable, carbon free, power system, that even the poorest third world country could afford!
And allow the following economic benefits and increased discretionary spend to turbocharge our economy and manufacturing sector, so no able bodied need suffer these totally unnecessary indignities!
Outlaw all commission systems of payment along with paper shuffling, profit demanding middlemen, whose totally unproductive activities, double the cost of living and or, doing business!
Just reserve our welfare, for the unemployable, single parents, deserted mums, the crippled and the intellectually challenged!
After all, it's what it's there for, is it not?
Alan B.