Andrew Forrest Quotes
Tax can be structured in a way that actually encourages investment in infrastructure and encourages investment in Australia from overseas.
Forrest, Andrew. "Senate Select Committee on the Scrutiny of New Taxes." Parliament of Australia, 22 Nov. 2010.
He was referring to many of the tax earmarks and other tax legislation that in effect give funds to specific organizations or kinds of organizations or for those who engage in certain activities or sometimes just to favorite organziations. A tax credit or deduction is from a balanced budgetary perspective is no different from a subsidy.
John Andrew Henry Forrest AO, nicknamed Twiggy, is an Australian businessman. He is best known as the former CEO (and current non-executive chairman) of Fortescue Metals Group (FMG), and has other interests in the mining industry and in cattle stations.