We urgently need Labour to regulate Capitalism – like urgently - News Summed Up

We urgently need Labour to regulate Capitalism – like urgently


The obligation of the Government is to regulate Capitalism so that we the people benefit from the competitive dynamics of competition! Our top tax rate is the 39th highest in the world behind all the Scandinavian countries plus Germany, the United Kingdom, Ireland, France and South Africa! Australia’s top tax rate is 47cents! Our GST rate doesn’t even get us into the top 50 and our corporate tax rate is 40th while Government spending against GDP ranks 56th! I’m not looking for socialism here folks, just basic garden variety regulated capitalism!


Source: Stuff April 11, 2023 01:50 UTC



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