En Passant

Obviously GlaxoSmithKline has seen an opportunity to increase its returns in what is a highly profitable industry. Don’t imagine however that we as community will benefit indirectly through increased tax revenue from this profit gouging.

According to the Corporate Tax Transparency Report recently released by the Australian Tax Office, in 2012/13 GalxoSmithKline had sales of almost $1.5 billion in Australia. However its taxable income was only $57.9 million on which it paid tax of just under $12 million.

GlaxoSmithKline: A tax avoider and a price gouger using the Turnbull government’s attacks on people in chronic pain to further advantage itself at our expense.

  Some En Passant blog statistics for 2015 75,299 page views 49,419 site visits Average time on site: 2 minutes 21 seconds

I wrote this in May 2015 in response to the Abbott government proposals to strip Australian citizenship from those who hate ‘our values’. Here is part of what I said:

‘The terrorism hype and changes to our immigration laws throw away basic rights to a trial and give incredible powers to the Minister for Immigration and Border Protection. They undermine our freedoms here and now. They set a dangerous precedent. They prepare the way for further criminalising dissent in Australia.’

To read the whole article click here. I hate Australian capitalism. Will I be stripped of my Australian passport?