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The great Aus wealth divide, page-35

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moorookamick

22,134 Posts.

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14/04/24

07:40

Post #: 73333544
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Originally posted by moorookamick: ↑

IMO our low tax take relative to the OECD average
is because the multinationals that dominate our
economy are undertaxed due to transfer pricing
and debt loading

This IMO contributes significantly to the wealth gap in Aus because
the average working class Aussie is overtaxed while the corporates
(particularly multinationals ) have too many tax loopholes.

IMO those on minimum wage should not have to pay income tax.

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PS: It would be interesting to chart OECD countries debt vs tax take.
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