Students, nurses and teachers contribute more tax to Australia than the gas companies. If you think it’s time to address the loopholes in the Petroleum Resources Rent Tax (PRRT) sign the petition below.
✍️: https://nb.australiainstitute.org.au/increase_the_prrt
✍️: https://nb.australiainstitute.org.au/increase_the_prrt
Comments
Is that property protection and it's enforcement isn't touched, in public budget cuts.
If one would cut this rather than social spending, the corporates would throw a fit.
...
Relatively speaking, the big corporations and their investors are very few in number, and enjoy huge state protection of their property, against the many.
Imagine how much harder thus have it if property protection was relaxed for these.
But no, they'd rather cut social protection for the many.
in 2023 the mining industry
- made ~$275 billion
- paid tax ~$46 billion😀🤑🤑
- received subsides ~$57 billion🤯🤯
It's RIDICULOUS that neither major political party is prepared to act in Australian citizens' best interests by fixing the PRRT.
(And #Albanese: the paltry window-dressing you did earlier in your term doesn't count as "fixing it". Do better!)