#gastax — Public Fediverse posts
Live and recent posts from across the Fediverse tagged #gastax, aggregated by home.social.
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Texas GOP Leaders Disagree on Gas Tax Suspension Following Trump's Proposal
📰 Original title: Texans Republicans snipe at each other over Trump's gas relief plan
🤖 IA: It's not clickbait ✅
👥 Users: It's not clickbait ✅View full AI summary: https://en.killbait.com/texas-gop-leaders-disagree-on-gas-tax-suspension-following-trump-s-proposal.html?utm_source=mastodon_world&utm_medium=social&utm_campaign=killbait.mastodon_world
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@gwendolenau
If it is, then why doesn’t he spell out what deals he made to secure #Fuel supplies. That’s my No1 beaf with him.Secondly, any #GasTax imposed now will have “No” effect on current constracts, all of which (I deduce from what I’ve read so far) are multi-year contracts, including #Japan (also has extensive refinery production and stockpiles of #Crude and #Gas) which is has multi-multi-year contracts at cheapest prices allowing them to #OnSell gas and make a profit on it (should be our profits).
Another possibility is that #Japan is a hefty #Investor (Shareholders) in the biggest Australian gas projects and #AlboPM is afraid to mess with such a ‘good’ relationship (even thought Japan is screwing us left, right, and centre)
So yes, good guesses. None of them (including mine) very convincing if this is what #AlboPM is so ‘mum’ about, unless there there is more to it. In which case, what is so ‘secret’ about it that he can’t bring himself to tell us? No, he’s just a #SecretiveLittleGnome I doubt his cabinet even knows the truth.
/end_of_rant_on_GasTaxes_Taking_a_rest_now/
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Australia Institute research shows that Japan collects more tax from Australian gas than Australia.
Japan, a country with no gas, oil or coal reserves of its own, collected almost $40 billion over the last five years while the Australian PRRT provided only $7 billion to Australians.
✍ Join 95,000+ Australians and sign the petition demanding gas companies hand over our fair share now!
#taxgas #prrt #gastax #gas #gaslobby #auspol #gascartel
https://nb.australiainstitute.org.au/fix_gas_export_problem_b?
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Australia Institute research shows that Japan collects more tax from Australian gas than Australia.
Japan, a country with no gas, oil or coal reserves of its own, collected almost $40 billion over the last five years while the Australian PRRT provided only $7 billion to Australians.
✍ Join 95,000+ Australians and sign the petition demanding gas companies hand over our fair share now!
#taxgas #prrt #gastax #gas #gaslobby #auspol #gascartel
https://nb.australiainstitute.org.au/fix_gas_export_problem_b?
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Australia Institute research shows that Japan collects more tax from Australian gas than Australia.
Japan, a country with no gas, oil or coal reserves of its own, collected almost $40 billion over the last five years while the Australian PRRT provided only $7 billion to Australians.
✍ Join 95,000+ Australians and sign the petition demanding gas companies hand over our fair share now!
#taxgas #prrt #gastax #gas #gaslobby #auspol #gascartel
https://nb.australiainstitute.org.au/fix_gas_export_problem_b?
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Australia Institute research shows that Japan collects more tax from Australian gas than Australia.
Japan, a country with no gas, oil or coal reserves of its own, collected almost $40 billion over the last five years while the Australian PRRT provided only $7 billion to Australians.
✍ Join 95,000+ Australians and sign the petition demanding gas companies hand over our fair share now!
#taxgas #prrt #gastax #gas #gaslobby #auspol #gascartel
https://nb.australiainstitute.org.au/fix_gas_export_problem_b?
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Australia Institute research shows that Japan collects more tax from Australian gas than Australia.
Japan, a country with no gas, oil or coal reserves of its own, collected almost $40 billion over the last five years while the Australian PRRT provided only $7 billion to Australians.
✍ Join 95,000+ Australians and sign the petition demanding gas companies hand over our fair share now!
#taxgas #prrt #gastax #gas #gaslobby #auspol #gascartel
https://nb.australiainstitute.org.au/fix_gas_export_problem_b?
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If #AlboPM is resisting the #GasTax because he gave his ‘word’ to foreign gas recipient’s demands (aka Bullying) to not do so, then he’s a bigger mug than I thought and frankly not as savvy as he portrays.
One: Those mulit-year fixed prices gas export contract will outlast the #Hormuz debacle (plan?) so any increases the #Grifting Corporations might add to the price of gas will be felt years from now when contracts are to be renewed.
Two: The #Investors are also the recipients of the gas and a tax on gas will cut into their egregious profit margins. So who cares?Conclusion: AlboPM is complicit (knowingly or otherwise) to the rape and pillage of Australian sovereign #resources and a flight of our currency to foreign shores.
Ergo — kick #Labor out of govt and put the Greens in to fix this shit!
#AusPol #FossilFuel #ExtractiveIndustries #ForeignInvestment
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If #AlboPM is resisting the #GasTax because he gave his ‘word’ to foreign gas recipient’s demands (aka Bullying) to not do so, then he’s a bigger mug than I thought and frankly not as savvy as he portrays.
One: Those mulit-year fixed prices gas export contract will outlast the #Hormuz debacle (plan?) so any increases the #Grifting Corporations might add to the price of gas will be felt years from now when contracts are to be renewed.
Two: The #Investors are also the recipients of the gas and a tax on gas will cut into their egregious profit margins. So who cares?Conclusion: AlboPM is complicit (knowingly or otherwise) to the rape and pillage of Australian sovereign #resources and a flight of our currency to foreign shores.
Ergo — kick #Labor out of govt and put the Greens in to fix this shit!
#AusPol #FossilFuel #ExtractiveIndustries #ForeignInvestment
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If #AlboPM is resisting the #GasTax because he gave his ‘word’ to foreign gas recipient’s demands (aka Bullying) to not do so, then he’s a bigger mug than I thought and frankly not as savvy as he portrays.
One: Those mulit-year fixed prices gas export contract will outlast the #Hormuz debacle (plan?) so any increases the #Grifting Corporations might add to the price of gas will be felt years from now when contracts are to be renewed.
Two: The #Investors are also the recipients of the gas and a tax on gas will cut into their egregious profit margins. So who cares?Conclusion: AlboPM is complicit (knowingly or otherwise) to the rape and pillage of Australian sovereign #resources and a flight of our currency to foreign shores.
Ergo — kick #Labor out of govt and put the Greens in to fix this shit!
#AusPol #FossilFuel #ExtractiveIndustries #ForeignInvestment
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If #AlboPM is resisting the #GasTax because he gave his ‘word’ to foreign gas recipient’s demands (aka Bullying) to not do so, then he’s a bigger mug than I thought and frankly not as savvy as he portrays.
One: Those mulit-year fixed prices gas export contract will outlast the #Hormuz debacle (plan?) so any increases the #Grifting Corporations might add to the price of gas will be felt years from now when contracts are to be renewed.
Two: The #Investors are also the recipients of the gas and a tax on gas will cut into their egregious profit margins. So who cares?Conclusion: AlboPM is complicit (knowingly or otherwise) to the rape and pillage of Australian sovereign #resources and a flight of our currency to foreign shores.
Ergo — kick #Labor out of govt and put the Greens in to fix this shit!
#AusPol #FossilFuel #ExtractiveIndustries #ForeignInvestment
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'When it comes to priorities, maintaining power is prefaced over reform, even if that reform is what is best, or even necessary for the nation.' #australia #ausgov #auspol #anthonyalbanese #albappeasey #gastax #fail #australianlaborparty #whitlam https://www.thenewdaily.com.au/news/politics/australian-politics/2026/04/25/albanese-labor-gas-tax-safe
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@gusseting Funny how the best way to 'save the planet' and protect our kids is apparently letting Santos & co. keep pocketing $47 billion in revenue with basically zero company tax for a decade.
Ken Henry says hit the war-driven windfall profits with ~100% tax instead. That money could actually fund the transition, hospitals, or schools — rather than just foreign dividends while Aussies pay sky-high bills.
Or we could keep the current 'give it away tax-free' model and feel virtuous about the hottest summers. Your call. #prrt #gas #auspol #gastax -
@gusseting Funny how the best way to 'save the planet' and protect our kids is apparently letting Santos & co. keep pocketing $47 billion in revenue with basically zero company tax for a decade.
Ken Henry says hit the war-driven windfall profits with ~100% tax instead. That money could actually fund the transition, hospitals, or schools — rather than just foreign dividends while Aussies pay sky-high bills.
Or we could keep the current 'give it away tax-free' model and feel virtuous about the hottest summers. Your call. #prrt #gas #auspol #gastax -
@gusseting Funny how the best way to 'save the planet' and protect our kids is apparently letting Santos & co. keep pocketing $47 billion in revenue with basically zero company tax for a decade.
Ken Henry says hit the war-driven windfall profits with ~100% tax instead. That money could actually fund the transition, hospitals, or schools — rather than just foreign dividends while Aussies pay sky-high bills.
Or we could keep the current 'give it away tax-free' model and feel virtuous about the hottest summers. Your call. #prrt #gas #auspol #gastax -
@gusseting Funny how the best way to 'save the planet' and protect our kids is apparently letting Santos & co. keep pocketing $47 billion in revenue with basically zero company tax for a decade.
Ken Henry says hit the war-driven windfall profits with ~100% tax instead. That money could actually fund the transition, hospitals, or schools — rather than just foreign dividends while Aussies pay sky-high bills.
Or we could keep the current 'give it away tax-free' model and feel virtuous about the hottest summers. Your call. #prrt #gas #auspol #gastax -
@gusseting Funny how the best way to 'save the planet' and protect our kids is apparently letting Santos & co. keep pocketing $47 billion in revenue with basically zero company tax for a decade.
Ken Henry says hit the war-driven windfall profits with ~100% tax instead. That money could actually fund the transition, hospitals, or schools — rather than just foreign dividends while Aussies pay sky-high bills.
Or we could keep the current 'give it away tax-free' model and feel virtuous about the hottest summers. Your call. #prrt #gas #auspol #gastax -
RE: https://newsie.social/@ZhiZhu/116286411303642681
This is exactly what happens when corporations run a nation.
Massive welfare for the rich — trillions in bailouts, subsidies, tax loopholes and sweetheart deals — while they pay basically zero effective tax. The result? A country bled dry, with working people left holding the bag for endless deficits and crumbling services.
Sound familiar, Australia? Our mining multinationals, Big Tech giants and foreign-owned energy firms do the same thing here: rake in billions from our resources and markets, dodge tax through havens and loopholes, then lecture us about "budget emergencies" when it's time to fund Medicare, NDIS or affordable housing.
Corporate capture isn't just an American disease — it's global. Time to tax the bastards properly and put people and planet before profit.
#ClassWar #TaxTheRich #Auspol #gas #gastax #gastaxnow #prrT -
RE: https://newsie.social/@ZhiZhu/116286411303642681
This is exactly what happens when corporations run a nation.
Massive welfare for the rich — trillions in bailouts, subsidies, tax loopholes and sweetheart deals — while they pay basically zero effective tax. The result? A country bled dry, with working people left holding the bag for endless deficits and crumbling services.
Sound familiar, Australia? Our mining multinationals, Big Tech giants and foreign-owned energy firms do the same thing here: rake in billions from our resources and markets, dodge tax through havens and loopholes, then lecture us about "budget emergencies" when it's time to fund Medicare, NDIS or affordable housing.
Corporate capture isn't just an American disease — it's global. Time to tax the bastards properly and put people and planet before profit.
#ClassWar #TaxTheRich #Auspol #gas #gastax #gastaxnow #prrT -
RE: https://newsie.social/@ZhiZhu/116286411303642681
This is exactly what happens when corporations run a nation.
Massive welfare for the rich — trillions in bailouts, subsidies, tax loopholes and sweetheart deals — while they pay basically zero effective tax. The result? A country bled dry, with working people left holding the bag for endless deficits and crumbling services.
Sound familiar, Australia? Our mining multinationals, Big Tech giants and foreign-owned energy firms do the same thing here: rake in billions from our resources and markets, dodge tax through havens and loopholes, then lecture us about "budget emergencies" when it's time to fund Medicare, NDIS or affordable housing.
Corporate capture isn't just an American disease — it's global. Time to tax the bastards properly and put people and planet before profit.
#ClassWar #TaxTheRich #Auspol #gas #gastax #gastaxnow #prrT -
RE: https://newsie.social/@ZhiZhu/116286411303642681
This is exactly what happens when corporations run a nation.
Massive welfare for the rich — trillions in bailouts, subsidies, tax loopholes and sweetheart deals — while they pay basically zero effective tax. The result? A country bled dry, with working people left holding the bag for endless deficits and crumbling services.
Sound familiar, Australia? Our mining multinationals, Big Tech giants and foreign-owned energy firms do the same thing here: rake in billions from our resources and markets, dodge tax through havens and loopholes, then lecture us about "budget emergencies" when it's time to fund Medicare, NDIS or affordable housing.
Corporate capture isn't just an American disease — it's global. Time to tax the bastards properly and put people and planet before profit.
#ClassWar #TaxTheRich #Auspol #gas #gastax #gastaxnow #prrT -
RE: https://newsie.social/@ZhiZhu/116286411303642681
This is exactly what happens when corporations run a nation.
Massive welfare for the rich — trillions in bailouts, subsidies, tax loopholes and sweetheart deals — while they pay basically zero effective tax. The result? A country bled dry, with working people left holding the bag for endless deficits and crumbling services.
Sound familiar, Australia? Our mining multinationals, Big Tech giants and foreign-owned energy firms do the same thing here: rake in billions from our resources and markets, dodge tax through havens and loopholes, then lecture us about "budget emergencies" when it's time to fund Medicare, NDIS or affordable housing.
Corporate capture isn't just an American disease — it's global. Time to tax the bastards properly and put people and planet before profit.
#ClassWar #TaxTheRich #Auspol #gas #gastax #gastaxnow #prrT -
Aussies are stunned: Treasury just confirmed we’ll rake in $2.7B from beer excise in 2025-26… but only $1.5B from PRRT on our massive offshore gas exports. We’re one of the world’s biggest LNG exporters, yet multinational gas giants pay less tax than punters pay on a slab.
This is broken. Gas companies dodge super-profits tax with endless deductions while everyday drinkers get slugged. Time to fix PRRT, slap on real royalties or a flat export tax, and build a proper sovereign wealth fund for future generations—not corporate handouts.
Why are we taxing beer harder than billion-dollar gas rip-offs? Tax the extractors, not the exhausted.
#PRRT #GasTax #ResourceRent #AustraliaInstitute #TaxJustice #EndCorporateWelfare