It raises over $19bn every year in the USA, arguable a tax evaders paradise. The more they wish to spend on compliance the more it goes up. Sheldon Anderson (Casinos) & the Walton family are known to use loopholes to avoid paying billions every year, just a question of will to close loopholes.
IMO NSW ICAC is doing an excellent job. As proven with Gladys. If for no other reason an individual with obvious, major mental retention issues (can't remember anything) should not be in that job. Of course there is the cynic view that she was just avoiding further incrimination with her failing memory. "Don't say that on the phone you idiot"..... classic moment.
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- Our ABC promotes a "Wealth Tax" proposal.
Our ABC promotes a "Wealth Tax" proposal., page-73
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