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"Do AustraliaAs Billionaires Pay Their Fair Share? ft Punters Politics"
/The West Report, 52 minutes ago/ ><https://www.youtube.com/watch?v=PrZ6ro2rwZ4>
"Every year, the Australian Tax Office drops a spreadsheet that tells a >story u and itAs not a pretty one.
Billions in mining profits, but barely a cent in tax. Behind the numbers
are billionaires, loopholes, and the few rare companies that actually
pay their fair share.
In this episode, The West Report teams up with Punters Politics to dig >through the ATOAs latest corporate transparency report revealing whoAs >paying up, and whoAs taking Australia for a ride.--- Synchronet 3.21a-Linux NewsLink 1.2
This is the story of wealth, power, and how AustraliaAs richest quietly
bend the system in their favour.
@punterspolitics"
~~~~ ~~~~
YAY!
From more than 2700 mighty capitalist corporations the discrepancy
between taxable income vs the tax they have actually paid is growing
year by year.
yes, there is a sector that do pay their fair share, by those on the top
are excel only on dodging this with amazing success. So guess where that >money goes: Stuffing off shore tax heaven bank accounts, financing
political bribes and hard-capitalist propaganda think tanks, share
buybacks and similar profits maximising schemes and insane luxury for
the top elite.
Alas, fuck the rest of society!