Capitalism failing Aussies, page-4

  1. 23,183 Posts.
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    Na, just a fairer shake of the sauce bottle for those working on minimum wage and the enforcement of our tax code to compel multinationals to pay
    Aussie tax. :
    https://www.abc.net.au/news/2018-12-13/one-third-of-australian-companies-paid-no-tax-ato/10614916

    We have allowed over 80% foreign ownership of our mining resources and that is increasing while we pay lip service to a system that is impoverishing us. Personally and as a country we have record debts and all we need is another 2007-2009 world recession and we're
    virtually bankrupt. ( Keep in mind that we had $22 billion in the kick entering the GFC & now we have over $600 billion Commonwealth dbt
    and another $250 billion Stare and Municipal debt)

    Even our big 4 Banks are mostly foreign owned ( which by the way, there was no comment of this in the Banking RoyalCommission Report)

    The poor are maxed out with debt while the Billionaires like Reinhart, Pratt, Fox & Twiggy are rolling in cash.
 
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