Skip to main content

Posts

Showing posts with the label funds

Australia Hits Multinationals With New Tax Rules

Aussies make technology firms hand over their cash to state coffers. blog Australia makes multinationals pay more tax. An audit by the the OECD brought to light how much money the big companies owed. With countries toughening up the rules, it is becoming increasingly difficult for the tax avoiders to keep all the profit.  ⎳ Australia a Hits a Multinationals a With a New a Tax a Rules ⎳ The OECD recommended ways to stop the cash going to tax havens. Nations have taken notice and passed new legislation. Australia's rules are clear: if you earn in Australia you must hand over the tax.  Large businesses will have no choice.   ⦿3 Australia b Hits b Multinationals b With b New b Tax b Rules ⦿3 Messing around with intercompany transfers between international branches to artificially reduce income will also face obstacles.  The mother conpany providing overpriced inputs to outlying branches will end.  Microsoft, Apple and Google have had their wings clipped. ...

Technology and Health Loses Funding

  | Government is managing the economy poorly in health & technology health funding high court article highlights government elite excellent daniel hannan telegraph edition title technology breathtaking government brazenness referendum campaign british household eu official publication technology on health funding clear statement remainers formal government stronger I am confident technology or health constitutional propriety pro-eu legal battle parliamentary vote due process it sheer technology it health on funding does case niceties sudden somersault molotov-ribbentrop supremacy victorian was not sovereignty everyone ultimate power particular parliament commons didn’t tack david fuller uk political parties theresa may supreme court’s approval mps prime generalelection cross-party support gravy train personal option inevitably. | For a coalition government that presumes to understand the business sector, its common sense is lacking. For any private sector to flourish...

Privatization Is Not the Answer for Government

Australia is going down the same road as the British by privatizing public resources. There is a major problem with this economic theory. That is, that once resource are sold and the money is used to pay off debt it cannot be sold again. When railways, electricity and water are privatized they are no longer under public control. Ordinary people are at the mercy of private enterprise who have been shown to continually increase charges beyond what citizens can bear. This is the cold reality of what the future will be like. Politicians of the right have put faith in private enterprise for a century or more. The trickle down benefits of wealth are shown to be completely wrong. The riches of nations is still being consolidated into fewer hands. The poorer are poorer still. Despite consumer goods being widespread, very few can afford a Ferrari. Millionaires have been superseded by billionaires. And the these consumers of all things monetary still want more. When services ...

Unfamiliar Species Are Endangered

Endangered species in Australia tend to be those that do not fair well in human affection. Plenty is spent on koalas because they are seen as cuddly. In reality though they are not. Indeed, if one attempts to pick up a wild koala it goes on an all out attack if it cannot get away. Some endangered animals are not exactly ugly. The grey-headed flying fox, a bat, is quite cute as shown in the photo.  It is just not in the mainline thinking of people. The average person knows very little about it. Many cringe when the word "bat" is mentioned. They do carry some diseases, but cases where bats pass these on to humans are quite rare. The grey-headed bat is Australia's largest and is responsible for pollination of many plants, mostly trees. There are more than 19,000 threatened species in Australia, 1,000 of them mammals. Some species that could be saved with a small amount of money are not helped, while others such as koalas get too much money. Koalas are being pampe...

Populations in Developed Countries Are Getting Older

Though populations in Western countries are getting older, the proportion of young people in developing countries is extremely high. There are no fears of a future labor shortage because of this. However, Western economies will probably face higher unemployment and lower tax revenue if they do not employ older citizens. Countries that go through boom times seem to end up with societies that do not produce enough children to "even out" the general population over time. A case in point is Japan. It was a strong economy from the 1960s. Now it is struggling but the propensity not to have children persists. Savings were high in Japan. Elderly people have already sold off assets that they had accumulated to fund their retirement. Savings have fallen from 15 per cent of GDP to only 3 per cent. Baby boomers experienced the highest standard of living ever so they had the opportunity to save. Younger Japanese workers today do not have the income surplus to put aside for the...

World Will Lose Greek Heritage

The culture of Greece is at risk and this is where democracy was born, Surely, funding can be found from other countries. National cuts have reduced the archaelogical workforce to a dangerous low level. Up to 50 per cent of workers in total will be dismissed, Just maintaining ancient structures is expensive. Of more immediate threat are museum pieces, not fixed ancient buildings though illegal diggings are threatening these. museum security guards have been laid off. Armed robberies are increasing. Offical research projects funded from other countries are continuing. but all local digs have ceased as the money is stopped. Work on ancient walls built in the time of Pericles located under the metro rail line, no longer takes place. The dig is important to understand how the access way from Athens to the sea affected the way the fleet of ships was used during the Peloponnesian War. There will be a real loss of experienced specialists as they take early retirement. Those left spend...

The Government Is Wrong to Fund Chaplaincy in Schools

Most people don't attend church, synagogue or mosque yet Nations pander to those who hold religious beliefs with outdated ceremonies. It seems one hasn't the right not to believe in anything other than accepting the fact that humans live and die. Ron Williams tried to send his children to a school that taught all religions but also taught secularism. He couldn't find one. Schools identified with one faith and virtually condemned all others. He saw requests for gold coins to fund scripture union classes as offensive and something he wasn't going to give. Indeed, chaplains seemed to be at war with teachers over the minds of students. What he found most difficult of all to accept was that the government was already partially funding Access Ministries which were "transforming the nation for God." Adolf Hitler tried similar brain washing systems to control the Hitler Youth. What is driving the wads of cash? All political parties need the support of the chu...