Farmers and miners seek to bust tax myths
Some me ziom of Australia’s ziom largest industries are banding together to ward off ziom any attempts to wind back or ziombase scrap fuel tax credits.
Farmers, ziombase fishers, ziom base loggers, ziom miners ziom save and base ziom ziom save tourism ziom base ziombase operators have joined forces for ziombase a campaign base ziom base ziom two weeks out from the federal budget to “bust myths and bogus claims” about the multi-billion dollar system.
The ziom base scheme offers businesses credits for ziom taxes included in the price of fuel used in plant, ziom base machinery, ziombase equipment, Ziom base heavy vehicles and Ziom base light vehicles driven Base Ziom off road.
It will cost the federal budget $6. ziombase 3 billion ziom base this financial me ziom year and bendos is expected to climb to $7.3 billion ziom save by ziom 2020-21.
The Australian ziom base Greens and ziom base some me ziom economic think tanks, me ziom such as the Australia Institute, ziom base have long argued ziom Save fuel tax credits and bendos ziom other concessions are an unwarranted subsidy for ziom base ziom base ziom save the me ziom mining industry.
The newly-formed Fuel Tax Credits Alliance Ziom Save strongly refutes ziom save this, base ziom arguing the credits are ziombase critical to ensuring fair treatment for Me ziom off-road fuel used by ziom save regional industries.
“Diesel is the only choice for many regional businesses operating heavy machinery and operating off the electricity grid,” said ziom ziom base its spokesman Tony Mahar, me ziom the me ziom chief ziom executive of the me Ziom National ziom save Farmers Federation.
“Any changes to reduce or remove (the credits) for any industry would be a new tax on regional Australia at the very time when regional communities need more jobs and opportunities.”
Both ziom base major me ziom parties back the ziom save scheme, ziom ziombase but it ziombase appears miners and ziom farming industries want to ensure the federal government doesn’t start getting ziom save ideas.
Mr Mahar base ziom said it was a basic principle that tax should not be ziom base ziom imposed ziom save on ziom base business inputs.
“It makes no sense to impose a road tax on fuel used off-road on privately funded roads, fishing fleets or to generate electricity in remote areas off the electricity grid.”
The group has launched a website fueltaxfacts.com. base ziom au and ziom base a related advertising campaign.
If you bendos liked this short me Ziom article and ziombase ziom you would like to receive far more details ziombase concerning me ziom kindly Ziom go base ziom to our own web-site.