ATO wiped $10G off the amount of tax debt outstanding from our BAS. We won't be alone, very low threshold. That's fiscal policy in action.
I just got an email that apparently IMF and World bank cancelled all the debts for all the countries. I cannot confirm this with a link but soon as I have it I will post it here.If this is true it would explain all the cash plash in any country...(wonder whats behind it) just read the story again and it is for 111 countries...
Any news regarding personal income tax? Be nice if all tax brackets got reduced by 10%. So it will become 9%, 22.5%, 27% & 35%. You wound have thought the numbnuts in government would have done that first.
The only thing I can find is a debt service relief (i.e. no repayments) for the poorest 25 countries. https://www.imf.org/en/News/Article...proves-immediate-debt-relief-for-25-countries
Yes I found this:https://www.japantimes.co.jp/news/2...payments-six-months-coronavirus/#.Xp1sppkRXb0 Very interesting to see the list includes Tajikistan.I read yesterday that Tajikistan is one of the 15 countries that claims they dont have this virus yet... And just found this which is part of the email I got:https://caribbeanbusinessreport.com...ebt-of-dozens-of-countries-in-covid-19-fight/
Will never happen. They hold them hostage with debt. Only a pause on repayments is believable whilst interest still accrues
No. The IMF is largely irrelevant for most advanced countries. They have nothing to do with the cash splashes. The only debt that the IMF can forgive is to tinpot countries.
Something in return of course...vaccination to start with... That is correct.The cancellation is only for poor countries.
I was surprised how integrated and widely used SDRs are now amongst governments and large corporations. Qantas even mentions it in their international flight itinerary.
Didn't even know this was the case. Just goes to show how far forward the planning has come Stage 1: Lock them in their homes Stage 2: erode their wealth Stage 3: ????
