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Taxing times...

Why is it that whenever a corporation or company collapses the first people who cop it in the neck are those of us who have had nothing to do with it - the taxpayer.

Why is it that we poor suckers have to fork out more dosh to pay for the mistakes of wankers, when we never got a share of the big profits they once made?

The past few months have been pretty woeful for Australian taxpayers with two biggies - HIH going west and Ansett crashing and burning.

Okay, they've gone bust - but why do I have to pay for it?

Someone needs to explain to this old duffer just how public money gets caught up in all of this.

These private companies would have had teams of accountants around trying to minimise what they paid in tax to the public purse. When times were good they made big bucks, when times are not good they throw their hands in the air and scream for public money to bail them out.

It's just like the damned building industry crying poor because the introduction of the GST put a brake on new home building. We, the taxpayer, generously offered bigger and better incentives so people would buy houses to keep the allegedly struggling industry afloat.

Why? There was a boom before the GST came in. Builders and tradesmen charged a mint for turning up and times were great (for them).

Don't these people know the adage make hay while the sun shines, or how about save your pennies for a rainy day.

No way! The private enterprise motto of Australia nowadays is "Let's make lots of money for ourselves - and if we go broke, the taxpayer will pick up the bill."

I don't know about you guys, but I'm sick to bloody death of having my taxes used to support idiots, fools, spendthrifts and general f***wits.

Politicians should tighten up the corporate laws of this nation and if firms go bust - well, sue the arses off those responsible.

And don't let them hide behind technicalities. Bankrupt the lot of them, and their wives, spouses, brothers, sisters. Sell their houses, their cars, anything. Just make sure the buggas pay for their excesses and not the taxpayer.

Bastards.

 

If there is something that has really got up your nose, let Grumpy Old Coot know at grumpy@webwombat.com

 

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