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Old 21-12-2007, 07:07 AM
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acropolite (Phil)
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Join Date: Feb 2005
Location: Launceston Tasmania
Posts: 9,021
Quote:
What the heck are they going to do with all the money they took out of my final pay on retirement
Corporate welfare it's called. They tax you and give the money to big business. For example, the forestry industry in tasmania (mostly one company) is subsidised somewhere between 250 and 300 Million a year. MIS schemes that are subsidising private forestry to the tune of $4500 per hectare need funding as well, so someone's gotta pay. Look closely and you'll find a host of other big business enterprises returning profits that would be turned to losses if the corporate welfare was stopped. Pretty sad state of affairs when they (the government) say they can't afford to properly fund our hospitals and schools.
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