Category: Mathias Corman

Coalition tax plan would give Australian workers an edge

Image result for Corman and Joe Hockey after Abbott's first budget smoking cigars

LNP lie the Australian Economy is Strong. Yes and the Lies keep coming. Let’s not forget their first budget cuts cuts cuts. Now it’s trickle up trickle up and our Economy is weak our deficit up and wages flat. (ODT)

“To keep our economy strong and make it stronger into the future, we must ensure our income tax system is internationally competitive, provides the right incentives and supports aspiration,” he said.

via Coalition tax plan would give Australian workers an edge

“The $9 Billion Witness: Meet the woman JPMorgan Chase paid one of the largest fines in American history to keep from talking. All the Australian banking had to say was sorry to 400,000 victims they kept most of the money.

http://www.democracynow.org/2014/11/7/matt_taibbi_and_bank_whistleblower_on

“How is it that you can be a CEO, over $29 billion worth of fines, and get a raise? It also clearly shows that there’s no deterrent to all of these fines. It’s just happening over and over again. And if there aren’t any individuals held accountable, there’s no reason for any of them to actually stop doing these very serious crimes.”

And one of the things that I think has been sold to the public is, well, these are really complex and difficult, or we don’t really know who did what. First, in my case, and what I’ve seen in these other cases, there are all sorts of documents that show exactly who was making the decisions and who knew what. The idea that they’re too complex, you know, these securities themselves that are sold to investors are complex, but the fact that the investors were lied to about the quality of the loans, that’s actually really easy. And the fact that obviously if you have people who can’t afford their loans, there’s going to be no money coming out of these loans, is also something that’s not a difficult thing to understand.”