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Whinge of the day thread...
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<blockquote data-quote="Hawkear" data-source="post: 645936" data-attributes="member: 4728"><p>Absolutely correct Mackka. How can our wealth as a nation increase when we are devoid of enjoying the profits of our own industries. </p><p>Our taxation laws are far too weak in dealing with foreign ownerships and their ability to assign business costs they incur to their Australian operations and claim large tax advantages. As a PAYE taxpayer all my working life, it just sticks in my craw that international companies can get away with so much tax fraud. </p><p>We also have weak entrepreneurial nationalism (with some exceptions) with the likes of Packer and Lowey eager to sell out for personal wealth and prestige reasons.</p></blockquote><p></p>
[QUOTE="Hawkear, post: 645936, member: 4728"] Absolutely correct Mackka. How can our wealth as a nation increase when we are devoid of enjoying the profits of our own industries. Our taxation laws are far too weak in dealing with foreign ownerships and their ability to assign business costs they incur to their Australian operations and claim large tax advantages. As a PAYE taxpayer all my working life, it just sticks in my craw that international companies can get away with so much tax fraud. We also have weak entrepreneurial nationalism (with some exceptions) with the likes of Packer and Lowey eager to sell out for personal wealth and prestige reasons. [/QUOTE]
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Whinge of the day thread...
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