<
https://theconversation.com/the-greens-want-a-super-profits-tax-labor-and-business-used-to-like-the-idea-too-237984>
"When the Greens proposed an extra super-profits tax on the excessive part of
really excessive profits last week, business and the government acted as if the
sky was about to fall in.
It would make Australia one of the “worst places in the world to run a
business”, said the Business Council. It would “force up prices on everyday
essentials”.
The idea that large profits were “unjustifiably extracted” was false, said the
head of the Commonwealth Bank, and so on.
Labor was the same. The Greens were making up numbers, the super-profits tax
was “designed to get attention,” according to Treasurer Jim Chalmers.
But the principle behind the idea is a good one – as Labor and the Business
Council should know better than anyone."
Cheers,
*** Xanni ***
--
mailto:xanni@xanadu.net Andrew Pam
http://xanadu.com.au/ Chief Scientist, Xanadu
https://glasswings.com.au/ Partner, Glass Wings
https://sericyb.com.au/ Manager, Serious Cybernetics
