What to do about the Aged Pension?, page-13

  1. 22,514 Posts.
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    PS: The heading poster doesn't have to shout (capitals)
    to make a point but perhaps the bad manners of shouting
    goes with the comment and sentiment.

    Its easy (and cowardly) to kick granny in the guts and
    at the same time ignore multinational corporations'
    tax minimisation in Aus.(both Hockey and Shorten say
    that multinationals' tax "minimisation in Aus is at least
    $2 billion a year)
    But perhaps it is beyond the intellectual capacity of these
    posters to comprehend the complexity of transfer pricing,
    cash boxing and conduits to tax havens by multinationals
    and the enormity of foregoing $2 billion a year in Treasury
    revenue let alone tackle them on these threads.

    Bullying granny seems to be the hallmark of the social media
    anonymous posters who seem to think that the fallout from
    the GFC (caused by American Capitalists) can be solved by
    gyping granny $11 a week.

    Well, good on ya!
    You're a credit to your Grandparents.

    Moorookamick

    Moorookamick
    mm

    NB: To make my point, I have only used capitals where appropriate.
    So come on, explain why Telstra pays 6% of its revenue in Aussie corporate
    tax and Google and Apple (you know of iPhone fame) pays less
    than 1% of their revenue in Aussie corporate tax given that their declared
    profit margins worldwide is 24% & 27% respectively.
    Please remember that this is an economics thread and not a 'kick
    granny in the guts thread" so a reasoned response would be
    greatly appreciated
    Thank you
    mm
 
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