Excessive Tax : Disastrous Consequences?
The Greens’ proposal for an excessive profits tax might sound like a good idea. But as Jeremy Cordeaux points out, it could have disastrous consequences for the economy. In this episode of The Court of Public Opinion, Jeremy breaks down why this tax plan could end up hurting everyday Australians.
The Problem with Big Business Tax
Jeremy explains that the Greens’ proposal to increase corporate tax rates would reduce profits for companies that are integral to Australia’s economy. This, in turn, would lead to smaller dividends for shareholders, many of whom are ordinary Australians with superannuation funds.
The Ripple Effect on the Economy
Higher taxes mean lower investment, which could lead to job losses and slower economic growth. Jeremy argues that the Greens’ Robin Hood approach to taxation is not only misguided but harmful to the country’s financial stability.
Understand Long-term Consequences
Before jumping on board with the Greens’ tax plan, it is crucial to first understand its long-term consequences. In addition to that, we must carefully consider the potential impacts this policy may have on the broader economy. For more on how this policy could impact you, listen to Jeremy Cordeaux on The Court of Public Opinion.
Topic time in podcast and video: 08:25 – 10:37
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More on Jeremy Cordeaux
Jeremy Cordeaux has worked successfully in all facets of the media. Radio, television and print and marketing, promotions, public relations and media training – Jeremy has it covered.
He has gone from Office Boy to Presenter, Programme Manager, General Manager, Managing Director and Owner of three highly successful radio stations.
At Channel 10 Jeremy Cordeaux learned the business of television: ‘general on-air duties’, ‘hostings’, and ‘news reading’.
Grundy’s chose him to host the very successful, national teenage show “Blind Date”.
He wrote, packaged and hosted his own programmes “The Better Half” and “Ten on Travel and People” (10 on TAP).
In 1973 Cordeaux was asked to take over the John Pearce Morning Show on Radio 2GB. In 1974 he was promoted to the all important Breakfast programme.
Cordeaux moved to Adelaide in 1976 ahead of 2GB’s disastrous conversion to Rock ‘n Roll.