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Old 26-07-2024, 11:52 AM   #25
whynot
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Default Re: Luxury ute tax loophole costs Australians $250m a year, researchers say

Quote:
Originally Posted by Franco Cozzo View Post
Uh oh, they're onto the loophole:



https://www.theguardian.com/australi...-evs-taxpayers

They're hitting all the 'key words' - loophole, revenue, incentive, environment
Gotta love the weird logic in this type of research. If there is $250M in lost LCT revenue, and removing the exemption on the LCT has the desired effect of killing off large 4WD, then there is no tax to collect.

A real estate sales droid rocking up to a construction site in a 2024 Mercedes E350 EQ Hybrid is one thing. Certainly is hard for the average sparkie, plumber, or chippie to put ladders, lengths of conduit, and timber on the roof of a Merc E350.

Forcing tradies into, say, an Isuzu N Series, just makes the problem worse when it comes to matters like pedestrian impact protection, etc.

Like all left wing newspapers, The Guardian is good at spending other people's money. I wonder what their views will be of the 2025 BYD Shark? 4wd, body on frame, 5.5 m long, weighing 2665 kg, 320 kW of power (all of that energy must come from somewhere) ... But its a hybrid. Does that mean all of the Australia Institute's arguments are a mute point?
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