Patriot
Posts : 544 Join date : 2018-08-14
| Subject: Re: How Scott Morrison could stop you from having to pay BILLIONS to prop up Dan Andrews' bungled lockdown - thanks to a little-known political loophole Sun 13 Sep 2020, 11:10 pm | |
| It is not quite so clear cut.How Scott Morrison could stop you from having to pay BILLIONS to prop up Dan Andrews' bungled lockdown - thanks to a little-known political loophole
- Victoria receives $17.7billion a year from the Commonwealth's GST collections
- Daniel Andrews' Stage Four lockdowns are costing estimated $3.17billion a week
- Institute of Public Affairs wants Canberra to freeze GST payments to Victoria
- It wants states instead to levy their own incomes taxes to fund their programs
By STEPHEN JOHNSON, ECONOMICS REPORTER FOR DAILY MAIL AUSTRALIAPUBLISHED: 17:41 AEST, 10 September 2020 | UPDATED: 12:47 AEST, 11 September 2020 Australians could be spared from having to bail out Victoria financially if its lockdowns continue thanks to a little known tax rule.
Victoria, Australia's second biggest state by population, receives $17.7billion a year from the Commonwealth's GST collections, which is paid for by ordinary people across the country. That equates to about a quarter of the $69billion raised annually from the ten per cent Goods and Services Tax - added to shopping bills. Read on here
https://www.dailymail.co.uk/news/article-8716585/Myer-suffers-172-4MILLION-losses-department-stores-sales-massive-plunge.html
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Bobby2
Posts : 1768 Join date : 2018-12-19
| Subject: Re: How Scott Morrison could stop you from having to pay BILLIONS to prop up Dan Andrews' bungled lockdown - thanks to a little-known political loophole Fri 11 Sep 2020, 7:15 am | |
| I might have to move interstate. | |
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Neferti Admin
Posts : 2534 Join date : 2018-07-15
| Subject: How Scott Morrison could stop you from having to pay BILLIONS to prop up Dan Andrews' bungled lockdown - thanks to a little-known political loophole Fri 11 Sep 2020, 6:56 am | |
| How Scott Morrison could stop you from having to pay BILLIONS to prop up Dan Andrews' bungled lockdown - thanks to a little-known political loopholeAustralians could be spared from having to bail out Victoria financially if its lockdowns continue thanks to a little known tax rule. Victoria, Australia's second biggest state by population, receives $17.7billion a year from the Commonwealth's GST collections, which is paid for by ordinary people across the country. That equates to about a quarter of the $69billion raised annually from the ten per cent Goods and Services Tax - added to shopping bills.
https://www.dailymail.co.uk/news/article-8716585/Myer-suffers-172-4MILLION-losses-department-stores-sales-massive-plunge.html | |
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| Subject: Re: How Scott Morrison could stop you from having to pay BILLIONS to prop up Dan Andrews' bungled lockdown - thanks to a little-known political loophole | |
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