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“An excess profit tax would be a simple and effective way for large corporations to pay their fair share, unlocking the resources all of us need to live with dignity, put a roof over our heads and food on the table,” says Green Party Finance spokesperson, Julie Anne Genter.
“Today, we have released a discussion document exploring how an excess profit tax could be designed - and how the additional revenue should be spent. We are also considering the alternative of raising company tax rates so that all profits are taxed more."
The autonomous Bougainville government (ABG) wants to delay the next meeting of the Joint Supervisory Body with the Papua Guinea government, claiming Port Moresby is dragging the chain on drawing up critical constitutional regulations.