Quote:
Originally Posted by multiweb
 Are you serious? Tax cuts for large and small businesses giving them incentive to produce more and employ people is the way to turn the ship around. Splashing money you don't have all over the place is plain stupid. It just builds up your debt. 
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Marc - I disagree. Small businesses are the ones most likely to be:
1) badly run
2) selling goods that are not in high demand
3) have owners with poor sales skills, poor organisational and structuring skills
4) abuse employees the most (they can get away with it because of the stupid discriminatory laws that Howard introduced that stop you from filing for unfair dismissal in companies with < 10 employees)
5) usually do not plan to have sufficient back up funds when they start the business up in case things go bad or get rough
6) have the highest percentage of bankruptcy on any people set in Australia
Big business isn't better, let's look at Bonds. They sack staff and move employment off shore where they can purchase slave labour. I thought slavery was illegal, looks like no one told China and various other 3rd world countries. I know how I'd deal with companies like Bonds - penalty business tax rates at 300% normal - that'll encourage them to keep employing Australians.
The whole world economic problem is based on several things:
1) we rely far too much on the US, and the US dollar
2) far too few have far too much of the world wealth
3) greed
4) greed
5) greed
6) bad decisions
7) governments that bail out these mongrels at tax payers expense. Tell me, if I had a mortgage and starting drinking, gambling and visiting brothels and spent all my money and lost the house, would any government bail me out? No. They'd tell me I was an idiot and didn't manage my money well and brought it all on myself, and weren't going to get bailed out.
FACT: Australia is one of the highest taxed nations in the world.
FACT: Australians are becoming increasingly the nation that works the longest hours (as an average)
thankfully our standard of living is still relatively good, despite goods going up far more than wages in the past 10 years. So much for inflation ;-)
I took my $900 and put it on paying off my scope. I've been "stimulating" the economy a fair bit anyways, since I'm single, living @ home and have a disposable income. Probably a lot more than the average person too. The past X amount of governments owe me as far as I'm concerned, due to the increase in the cost of goods, restrictions on wage increases, and little change to the taxation system. The only changes done there are for business tax, and they benefit the wealthy few percent of the country, not the majority of hard working workers who could *really* do with it.
I always find it amusing - ONLY individuals can vote, yet governments world wide seem to only pander to business' needs when they get into power. Doesn't that make you wonder? It makes me wonder.
I have not been impressed with krudd one iota - poor leader, poor strategies, rude & arrogant. Won't be getting my vote again - that'll go to Don Key.
Dave