productivity

the editorialof 20 May

 blames anything and everything for a "productivity slump".

a business may take an action, or buy an asset, worth $100. then they do everything possible to spend twice as much on that action or asset. the extra $100 is claimed as a tax deduction.

the government encourages this actual loss of productivity with a discount to payable taxes.

in reality it is extra cost which -- in the arithmetic of accounting -- has doubled cost and halved productivity.

both government and business encourage over-spending -- in the name of gaining tax deductions.

this is why actual productivity continues to "slump".

... Nick Lethbridge, Churchlands

.. Dr Nick Lethbridge ... dexitroboper
Agamedes Consulting... Churchlands WA


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