Panama Papers ... a time bomb ticking?, page-74

  1. 9,115 Posts.
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    The only twist with the gin and tonic is this should put to bed once and for all (on top of the Luxumburg leaks of last year) that (wealthy) individuals and companies like to pay their fair share of tax in Australia. It might be called legal tax minimisation but when your budget is in a mess the first thing you need to do is protect your revenue base (and target appropriate spending cuts). The problem here is Labor is seeking to tackle these issues on its tax policy (and not spending) and the LNP is without one. So whilst we can yabber about unions etc etc, I just wonder what influence the Business Council of Australia, property groups, the wealthy, the right of the Liberal party (and what political donations are been made) to make the LNP turn a blind eye to this and the other concessions used by individuals that impact the revenue account. PAYG workers are the ones who should be asking the questions because they are the ones been screwed over whilst all this is happening..
 
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