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11/03/15
12:28
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Originally posted by moorookamick
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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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Thankyou for your response, Moorookamick. I also believe something should be done about big multinationals, but that goes to the revenue side of the equation rather than spending priorities, which is most directly relevant to the aged pension.
Further, I think capitals have served their purpose of attracting attention to an issue that often goes under the radar, as shown by the response to my initial post.