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The Forum > General Discussion > Dodged a bullet

Dodged a bullet

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In Qld the present treasurer is trying to ruin the economy by increasing tax. Adani might yet say get stuffed & pull out, too much crap from Labor.
Posted by individual, Wednesday, 12 June 2019 8:28:33 AM
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What taxes would those be, individual?
If Adani pulls out, it's far more likely to be due to high transport costs and low coal price forecasts than anything the government does.
Posted by Aidan, Wednesday, 12 June 2019 10:43:19 AM
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What taxes would those be, individual?
Aidan,
I suppose your beloved ABC doesn't share unpleasant News from Qld down your way ?
Posted by individual, Wednesday, 12 June 2019 11:00:17 AM
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Individual,

Our national broadcaster has much more
than just the daily news. It has programs like
"Four Corners," that educate and inform.

But then that is the job of a national broadcaster.
Feared only by those who prefer to be selective
in the information they want to hear.

Most of Australia prefers to see the full picture.
Posted by Foxy, Wednesday, 12 June 2019 11:12:01 AM
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'Feared only by those who prefer to be selective
in the information they want to hear.'

No Foxy just despised by people who hate tax payer money to be used to spew hatred on white hetro males and promote every other sick Marxist/feminist view from the pit.
Posted by runner, Wednesday, 12 June 2019 11:21:49 AM
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Individual,
I didn't watch ABC News on Monday, and there was nothing about it yesterday. But I looked on the Queensland section of the ABC News website. It showed mining and regional Queensland to be winners, while big businesses would lose out. But looking at the latter more closely:
• More than 6,000 businesses with a wages bill of over $6.5 million will be hit with a 0.2 per cent hike in payroll tax.
• Land taxes for companies and trustees with landholdings worth more than $5 million will increase by 0.25 cents for every dollar over $5 million.
• Treasury is expected to claw back $220 million from businesses not paying the tax they owe.
• Businesses that can show a net gain in staff numbers will get a $20,000 tax rebate per employee.
• There's also a 1 per cent payroll tax discount for businesses predominantly located in regional Queensland.

Doesn't look disastrous for anyone (except perhaps tax cheats) and doesn't even look bad for Adani. But it won't solve their problem of high transport costs and low coal price forecasts.
Posted by Aidan, Wednesday, 12 June 2019 11:35:53 AM
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