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Collapse Issue 386 - 08 Feb 2016Issue 386 - 08 Feb 2016
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Pensioners and workers will be hurt

With Prime Minister Malcolm Turnbull now making no secret of his support for 15 per cent tax on food, health and education, I am reminded yet again that the people who will be hurt most by this terrible policy will be our pensioners and workers.

The PM said the reason for a 15 per cent GST is to fill the budget deficit.

But let's get real.

Why do we have a budget deficit?

Because PM Turnbull leads the big end of town in massive tax-ducking, dodging, weaving, and bludging which includes a massive robbery of public funds and the secreting of their loot in offshore tax hide-outs like Turnbull's Cayman Islands.

This is costing the budget hundreds of billions of dollars.

Zero tax is being paid by approximately 400 Australian companies and dozens of huge multinational corporations.

This is costing the budget tens, maybe even hundreds of billions of dollars.

Zero tax is also coming from speculator transactions in shares, bonds, currencies and futures, also costing the budget billions along with tax bonanzas for the rich via superannuation, negatve gearing and capital gains tax exemptions.

This is plunder, plundering the social wage of pensioners and workers.

The size and relentlessness of the pillage is mind-boggling.

And now the smiling pin-striped PM from the big end of town intends a 15 per cent body-blow to pensioners and workers while gifting a seven per cent tax cut for themselves.

Is there no end to their greed and immorality?





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