Our Brother Friends used to get money spent on their own home billed as a tax deductible expense on their investment flat. People are rorting the system all the time.
It is curious to me that our government wants to cut company tax. The federal government has just cracked down even harder on the poorest of our society, yet it wants to cut company tax. Transfer money from the poorest to the profitable companies? Yet, it is not like companies here pay tax anway, well not if they are multinational tech companies. Tax reduction in company tax to 25% of nothing doesn't equal very much.
It seems our Senate has quashed the company tax cut. This is good news.
EC first featured this cartoon when she went off exploring in an art gallery. Still capitalists believe in trickle down economics, where the poorest get richer as the richest get richer. It has been well proven that it is a failed theory. Here is the clever enough cartoon.