Huge profits = huge corporate tax.
Huge productivity = huge employee pay (look at Aussie mines) = huge PAYE
Huge money circulating in the system = huge GST
If the government gets 30% of GDP and the economy doubles, our govt doubles what it can provide. Real govt growth rather than taxing more to the detriment of the economy.
Itβs counter productive to stay broke so the rich people canβt get any benefitβ¦
These are all seperate to leaky buildings, asset sales and deregulation. Productivity = build more irrigation, mining, oil, high tech manufacturing, secondary production of our primary resources, etc.
Iβm sick of trying to live like a first class country off the back of farming and tourism.