Karnal wrote on Oct 4
th, 2022 at 1:16pm:
aquascoot wrote on Oct 4
th, 2022 at 10:55am:
Incorrect thinking yet again
Sure 1000 pensioners can spend more money at ALDI and that creates an increase in the economy
But if you divert that money instead to the right person
He might just start a chip manufacturer
Or some other capital expensive Hi-Tech business
Which is what all the rich countries eventually realise
If you want a Samsung or a Hyundai or a BMW
A caterpillar or a IKEA or a Sony or an apple
You need concentrated capital in the hands of the right people
We had the perfect example of this recently in Queensland
A young man from the western suburbs developed the first rapid antigen test during the pandemic
He tried to set up a business manufacturing these in the suburbs
But due to the restrictive lack of government support
He was induced to go to Texas where he has become a billionaire
And set up a massive plant in Austin
And now exports the rapid antigen tests back to Australia where you get to pay for them
It would have been much more sensible to have supported this fine individual properly in the beginning and the country would be in a better economic situation
Professionals on high incomes don't have the hours to go out and develop covid tests in their own time. They work for a living, like the chodes, who live lives of pure garbage.
Covid test inventors develop their wares with public or private
investment. Lowering the income tax rate for high paid workers does not achieve the objective you're seeking.
Rule 1: the Superior Man bounces out of bed with a cunning plan.
Rule 2: he then seeks capital to develop his plan.
Nobody's going off and inventing things in their lunch break, dear. Great Alpha role models like Bruce Wayne, crime-fighting entrepreneur, have their own capital. They own some of Gotham City's biggest factories. They can spare the time to develop bat cars and bat suits, usually at night after all the staff have gone home.
If you want to improve Bruce Wayne's productivity, you need to target other taxes and incentives. You might look at tax write-offs for investment in bat hooks, for example, so that Bruce can get a better grip when he's climbing buildings at night as Batman.
Or you might wish to fund TAFEs and other education facilities to help Robin get better skills as a caped crusader in-training.
I believe Aubrey James is the right person to speak to. Gotham's on a tight budget, but I'm sure he can point you in the right direction at the state and federal levels.
https://simple.m.wikipedia.org/wiki/Gotham_City#:~:text=Aubrey%20James%20is%20th... correct.
there is only so much capital to be invested.
if governments invest it into gonski (which saw our international education rankings fall in direct proportion to the increase in funding)
if they invest it in the NDIS
if they invest it in covid payments
if they invest it in cash splashes for pensioners
if they invest it in subs
if they invest it in dysfunctional public hospitals
then there is less capital to invest in the productive parts of the economy.
reducing taxation
may help 'starve the beast" the beast being government and free up precious cash for our more deserving ventures
You still haven't shown how that's possible. Nobody's trying to "starve" government, dear. Not Albo, not Dutto, and certainly not your Alpha role models, Dear Leader and the "noble Vlad".
Dear Leader blew the lot on a failed covid plan and a failed insurrection. Vlad's blown the bank on a failed war. There's no coming back for either of them.
The Superior Man comes up with a plan that works. He doesn't blow the joint up with plans that are doomed from the outset.
Forum
Pages: 
