General
Revealed: Australia’s Top 40 Tax Dodgers for 2021
“Everyone has to play by the rules in this country,” declared Prime Minister Scott Morrison in his latest “land of the fair go” homily.
But which rules? That is the question. A select band of billionaires has their own set of rules, rules not available to ordinary Australians, rules which the Government has entrenched.
Then there are the tax rules: one simple set of rules for ordinary Australians yet a maze of complicated loophole-ridden rules for the wealthy.
If you earn $56,000 a year as a PAYG taxpayer, you can expect to pay 32.5% tax on that income. Yet, US oil major Exxon has sold a staggering $56 billion worth of oil and gas – drilled from seabeds around Australia – and paid not one red cent in tax on that income in…
-
General10 hours agoQantas terminal at Melbourne Airport evacuated and flights delayed due to fire
-
Noosa News19 hours agoJane Edmanson hangs up her Gardening Australia hat, reflects on labour of love behind show’s success
-
General24 hours agoCool weather sets cherry crops ‘weeks’ behind schedule in lead-up to Christmas
-
Business21 hours ago$10,000 invested a year ago in these consumer discretionary shares is now worth…
