Federal deficit

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Originally Posted by incisor

deem it the same way they do to the poor old pensioners, maybe

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How much is a pensioner worth when exporting? I didn't realise there was an overseas market for them. I may have one to sell.

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Originally Posted by Mick_Marsh

How much is a pensioner worth when exporting? I didn't realise there was an overseas market for them. I may have one to sell.

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i have a shed load i would like to export...

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Originally Posted by Mick_Marsh

Sorry, inc., you'll have to broaden your mind a little.
What has been happening, and will continue to happen, is overseas interests are buying farmland in Australia, farming product with nationals paid by the overseas company in their homeland and shipping the product to their home company for sale in their home country. Who then determines the value of their exports for taxation purposes? They have not been sold whilst in Australia?

Lots of detail to be worked out. You make it simple then a lot of smart people get around the system via loopholes that then require plugging, and so it goes on.

Oh, I loved Pauline Hanson's GST. 2% on every transaction. Non refundable. No paperwork in claiming inputs. Just works on all sales from manufacturer to wholesaler, 2%. From wholesaler to retailer, 2%. From retailer to customer, 2%.

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Don't blame the buyer, blame the seller , Australia, we are like a family where the previous generation worked their butt off, and the next generation prefers to sell the family silver.

Let's go back to the "glory days" of pig iron bob.
Where less than half a percent, that's 0.5% of our population went to uni. Compared to 5% today. Or within 7 years of him losing there where 3 times more uni students.
This education revolution resulted in around 250,000 employed in that sector and a large chunk of income from overseas student wanting a top level education.
Tertiary education in Australia - Wikipedia, the free encyclopedia
Let's go back to sending warfies out on 11 week long strikes in opposing the Govt who try to force cargo to be loaded to support Isis or in his case, Japan, December 1938- 1939.
If we go there we also virtually eliminate imports, create jobs but increase the cost of living more as prices increase.