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by Mac Nichols, engineer and Mannkal Advisory Council member

Forcing prosperous individuals to pay a levy for others misfortunes increases discontent, fosters careless investments, hobbles otherwise profitable enterprises, and smothers necessary capital accumulation.

Should our PM and her supporting Tsars want to help they should immediately remove tax burdens. All investments in economic and privately funded infrastructures like harbours, dams, roads, railways and power generation facilities in flood devastated regions could be state and federal tax free and all profitable returns associated with such investments could also be tax free for 10 or more years with a 50% tax break every year after.

In this manner all Australians can profitably own a share in the effort and the fruits of their investments.

What the flood levy outlines is a tax addicted government that knows no limits to its perceived omnipotence.

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