Swagman wrote on Nov 12
th, 2013 at 12:11pm:
Chimp_Logic wrote on Nov 12
th, 2013 at 8:58am:
This is your solution so that the mining and fossil fuel corporations don't have to pay their fair share of tax?
That's the point they already pay their fair share of tax.
They also employ lots pf people that pay income tax.
They also indirectly provide business and infrstructure to communities that in turn pay taxes and employ more people.
Go and have a latte', eat a banana and donate 90% of your dole cheque to Greenpeace Chimp, you'll feel better.
No they don't.
The pay very little tax in Australia.
e.g. Twiggy Forest is one of the richest people in Australia - top 4 at one stage. His company Fortesque, has been operating for at leas 22 years in Australia. Total tax paid during this period = zero.
83% of the mining industry is foreign owned and the dividends go offshore.
Last financial year, the ATO released tax figures for the top 100 corporations in Australia. These are the big boys. Of the top 100, 40% didn't pay any tax at all for 2011/12. The remaining 60% paid on average about 13% tax on profits
How much tax do you pay? I bet you wish you could get corporate welfare handouts, subsidies and tax breaks for your pathetic existence you filthy rotten skin of demented re-crystalised weasel semen
WTF Your sums are out Monkeybrain.
...
The suppliers pay tax and employ lots of people who also pay taxes and the Fortesque employees PAY TAX too on their earnings and spend their earnings at other businesses which employ more people.
That's a humungous boost to the Australian economy Chimp brain.
You're a sad little Pinko aren't you....