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2024-08-06 03:44:38

MegatronicThronBanks on Nostr: 1. Markets reacted angrily today to news that the government is considering ...

1. Markets reacted angrily today to news that the government is considering tightening thin capitalisation provisions that have provided foreign investors with strong incentives to expand their Australian operations.

2. Rich people overseas reacted angrily today to news that they might have to pay tax on the profits they earnt in Australia. ... Some very wealthy Americans threatened to take their bat and ball and go home if they were forced to pay tax.

https://www.themonthly.com.au/issue/2015/july/1435672800/richard-denniss/clowns-and-treasurers
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