The Australians who have built this country by creating and - TopicsExpress



          

The Australians who have built this country by creating and building businesses and our farmers are rarely if ever acknowledged in policy discussions. We do not have a problem tightening our belts - we have seen tougher times, but we object to seeing foreign interests given priority to own and control our wealth creating assets as they siphon profits offshore. Check to see if the withholding tax which was reduced from 15% to 10% in 2005 goes up - this is the tax foreign interests pay on declared profits when they pay off their off shore borrowing against assets here. That was 30% reduction in taxes. Who will pay off our national debt if we do not own and control strategic assets? We do not object to foreign investment but we have is takeover. Give our own people a chance to thrive and get Australians and our assets working for Australia again.
Posted on: Tue, 13 May 2014 06:19:01 +0000

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