Quote:
Originally Posted by BENT_8
What your failing to recognise is that money given as incentive to employ people comes back via the tax they pay.
Holden had 2500 employee's, if they each paid $100pw tax then that's 13m a year returned and then you leave 2500 people spending the rest of their pay packet in shops paying taxes and their employees wages which who also pay tax and so the wheel turns.
Many of these production line workers have done nothing but that all their lives, they don't know anything else and have struggled to find meaningful employment, once the generous severence packages run out they'll be back on the government teat by way of new start or pensions.
Nothing other than reducing our skilled labour pool came from closing the industry and the corporate giants are now sucking more from Aussie wallets via overpriced imports.
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It's not the government teat. We have a pension fund (like the UK) that we all contribute to. This is enough to cover ALL pensions and welfare at a much higher rate. STOLEN and put into general revenue by government.