Tag Archives: Tax

Housing: Malcolm Turnbull increasingly isolated over capital gains tax

Even experts who disliked Labor’s proposals the first time round are shifting their ground. Source: Housing: Malcolm Turnbull increasingly isolated over capital gains tax

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Posted in Australia | Tagged , , ,

Money And Religion: The Greeks Got It Right. They Tax The Church. – New Matilda

The free tax ride for religious institutions in Australia is about 400 years past its use by date, argues Brian Morris. In 1587, Dr John Bridges coined the phrase “A fool and his money are soon parted”. Just 14 years … Continue reading

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The people fight back – » The Australian Independent Media Network

  As Canadian prime minister, Justin Trudeau announces that Canada will impose a tax on carbon emissions starting in 2018, ex-NASA GISS director Dr. James E. Hansen and Our Children’s Trust announce they are taking the US Government to court for climate change damage. … Continue reading

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‘It’s certainly feasible that Trump is paying no income tax at all’

Amid calls to publish his tax returns, experts say the billionaire Republican candidate may legally have nothing to pay. Source: ‘It’s certainly feasible that Trump is paying no income tax at all’

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Posted in Donald Trump | Tagged

Piss off ya nasty old bludger – » The Australian Independent Media Network

According to a 2015 headline in Rupert Murdoch’s rag, The Australian, “No, the rich don’t pay a ‘fair share’ of tax. They pay all of it.” The hypocrisy of a Murdoch-owned entity discussing tax is overwhelming. In 1999 the BBC … Continue reading

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Posted in Rupert Murdoch | Tagged ,

Are The Panama Papers Just The Tip Of Australia’s Tax Avoidance Iceberg? | Andrew Leigh

At least 800 Australians have been linked with the Panamanian firm Mossack Fonseca, and there could be many more. And this firm is just one of a multitude of similar firms operating similar tax secrecy networks in similar jurisdictions to … Continue reading

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Posted in Australia | Tagged ,

How 76 profitable companies left Australian taxpayers $5.6 billion out of pocket

New report found the average rate of tax paid was 16.2 per cent – or less than the income tax rate paid by a working nurse in Australia. Source: How 76 profitable companies left Australian taxpayers $5.6 billion out of … Continue reading

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Posted in Economy | Tagged ,

Religion’s tax break is a cross we shouldn’t have to bear

Religious groups are not taxable. No wonder there’s no transparency in how their billions of dollars are spent. Source: Religion’s tax break is a cross we shouldn’t have to bear

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Uber’s Total Tax Bill Last Year Was Only … Wait, PUPPIES!

By The Shovel on February 26, 2016 Uber, the Silicon Valley tech giant valued at over $60 billion, paid an astonishingly low tax rate of just … hang on a second! Is that a little puppy? It is! Oh my … Continue reading

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Terrified on tax: why Malcolm Turnbull will squib it

So much for big reforms. Don’t expect Malcolm Turnbull to present a bold tax plan. He’s too scared of putting voters offside. Source: Terrified on tax: why Malcolm Turnbull will squib it

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Posted in Malcolm Turnbull | Tagged

Scott Morrison’s tax change would have taken from the poor and given to the rich

The most shocking thing in the treasury analysis delivered to Scott Morrison on January 25 isn’t the finding that a cut in income tax funded by a lift in the goods and services tax would boost the economy not at … Continue reading

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Posted in GST | Tagged

Could The Tax Debate Bring Teflon Turnbull Unstuck? – New Matilda

After months of phony war the government has gone back to square one. It’s starting to become a serious problem for the PM, writes Ben Eltham. Just weeks into the adventure, the Turnbullian crusade for tax reform seems to have … Continue reading

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Posted in Malcolm Turnbull | Tagged

Undertaxed: Top 62 Billionaires doubled wealth to Undertaxed: Top 62 Billionaires doubled wealth to $1.76 Trillion since 2010 | Informed Comment.76 Trillion since 2010 | Informed Comment

By Sam Pizzigati | (Inequality.org) | – – Our world’s billionaires don’t merit either their billions, the Oxfam economist Didier … Source: Undertaxed: Top 62 Billionaires doubled wealth to Undertaxed: Top 62 Billionaires doubled wealth to $1.76 Trillion since 2010 … Continue reading

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Posted in wealth gap | Tagged

Labor can win the next election on tax reform – » The Australian Independent Media Network

Before the last election Tony Abbott, like John Howard before him, promised there would be no change to the GST.  Joe Hockey and Andrew Robb reiterated that promise in their final update on election commitments published on September 5, 2013. … Continue reading

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Posted in ALP | Tagged ,

Fact check: Comparing Australia’s income tax take with other OECD countries – Fact Check – ABC News (Australian Broadcasting Corporation)

Scott Morrison says Australia relies more on income tax than all other OECD countries except Denmark. Is this correct? ABC Fact Check investigates. Source: Fact check: Comparing Australia’s income tax take with other OECD countries – Fact Check – ABC … Continue reading

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Posted in Economy | Tagged ,

Buying Hockey’s Myths Would Plunge Economy Lower Than The Treasurer’s Own Standing | newmatilda.com

Buying Hockey’s Myths Would Plunge Economy Lower Than The Treasurer’s Own Standing | newmatilda.com.

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To tax or not to tax – » The Australian Independent Media Network

To tax or not to tax – » The Australian Independent Media Network.

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Posted in Australian Economy | Tagged , , | Leave a comment

Energy company’s $11 billion transfer to Singapore rings tax avoidance alarm bells

Heightened worries: Tax Commissioner Chris Jordan. Photo: Bradley Kanaris An energy company operating in Australia transferred more than $11 billion to the low-tax jurisdiction of Singapore in a single year, heightening concerns that Australia is being duped by tax-minimising multinationals. … Continue reading

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Posted in Australian Economy | Tagged , | Leave a comment

Joe Hockey’s Tax Paper: A Lesson In How To Avoid The Elephants In The Room

By Ian McAuley Reporting on Australia’s tax system without mentioning a carbon tax or capital gains is like trying to smoke a cigar without fire. Ian McAuley explains. Promoting the government’s tax paper, Treasurer Hockey would like us to believe … Continue reading

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Texas man arrested for paying tax in $1 bills

A man in Texas has been arrested while trying to pay his tax in $1 bills for “disrupting the operation and efficiency” of the local tax office. Timothy Norris, 27, was trying to pay his $600 property tax at a … Continue reading

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America’s billion-dollar mess: How Koch bros are trying to buy a right-wing future: Corporations own governments

America’s billion-dollar mess: How Koch bros are trying to buy a right-wing future.

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ABC television channels may be axed if budget cuts too savage, says Mark Scott

Savage budget cuts to the ABC would mean not only axing some television and radio programs but potentially reducing the number of ABC television channels, managing director Mark Scott said on Tuesday. Scott told ABC radio in Melbourne that the … Continue reading

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Posted in ABC, Budget, LIES | Tagged , | Leave a comment

Our Budget their Budget. For The Homeless Featuring Gym, Library, And Art Studio. California taxed the wealthy they didn’t leave.

Jerry Brown took California from a real finacial basket case to profit in 3 years.The coalition invented one  that didn’t exist and now are facing a self-fulfilling disaster and trying to blame Labour. Los Angeles’ Skid Row has been home … Continue reading

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Posted in Australian Economy, Budget, Hilarious, Joe Hockey, Tony Abbott | Tagged , | Leave a comment

30% of our largest companies pay less than.10c in the dollar corporate tax. We have a revenue problem not a spending problem

Global crackdown on tax havens fails to sway Australian companies There would be no deficit Mr Hockey. If you collected what Mr Murdoch and others have been allowed to forego: Murdoch alone $1.5billion. How is it that I paid 35% … Continue reading

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Posted in Australian Economy Deregulation, Budget, Joe Hockey, Matt Corman | Tagged , , , | Leave a comment