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Actual Facts
Sky News Australia
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Comments by "Actual Facts" (@actualfacts1055) on "Australian energy crisis is a ‘supply issue’: David Littleproud" video.
If companies have an incentive to get it out of the ground and if the Federal and State Governments actually allow it to happen and don't tax it to the shit house.
2
You start up a resources company if it's so easy, you are wrong most energy companies operating in Australia are Australian companies who pay a fortune to the Government to supply and export resources.
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The public are economic imbeciles easily conned by the Labor Communists.
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Most energy and resources companies operating in Australia are Australian companies, forget everything that the Greens tell you.
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Labor should buy them all back, do you have trillions of dollars to help them ?
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Higher taxes and price caps drives away investment which only increases prices and shortages on everything, typical Labor Communist polices.
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@After_Pasta Stop listening to the lying Greens, I own shares in them and they pay 30 percent company tax. Why don't you buy shares in them and share in the countries wealth instead of putting your money into bank accounts making the banks rich, too scared that you might lose money like all of the left wingers I guess.
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@bigbubba4314 Yeah get rid of all supply and prices will go down and there won't be any shortages, pure genius if you are a raving left wing lunatic.
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@After_Pasta Companies don't pay income tax individuals do, Australian companies pay fully franked dividends which means that they have paid 30 percent company tax. I get fully franked dividends from BHP, Rio Tinto, Fortescue and Woodside and they are not small.
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So companies should do it for the fun of it and not try to maximise profit like every other business in the world ?
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@After_Pasta AGL and Origin are Australian electricity and gas producers and retailers and Woodside and Santos are Australian gas producers and APA is an Australian gas pipeline company, all paying 30 percent company tax and fully franked dividends.
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@After_Pasta Wether it is called income tax or company tax it is still tax that is paid by the company and it needs to be 30 percent of the company's income in order for the company to pay full franked dividends. Hope we are on the same page there without being pedantic. Hope that you are reporting your crypto activities to the tax department, us tax payers don't want to get ripped off.
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@After_Pasta Interesting so you are not mining crypto as a business like a mining company mines iron ore, the new Government might have a different view, until then good luck, my financial advisor does the same thing.
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@After_Pasta Interesting, blockchain has value wether the crypto's that use it do we shall see.
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The Government is there to do what private enterprise can't do, they are not there to invest tax payers money in commercial enterprises.
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@daz7122 Albo and his clowns have banned future resources projects sending us to the poor house so that they can pretend to be saving the world from climate change.
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@bigbubba4314 Without supply there is no demand because the shit doesn't exist in the first place, only joking the price of everything is determined by supply and demand, try telling that to Labor Communists.
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