Archive for 'Tax avoidance'
Has the time come to consider criminalising tax avoidance and making boards and senior officers liable for prison sentences, asks former ATO Assistant Commissioner, John Passant in Independent Australia.
I am speaking this Thursday at the ANU in Canberra on the Panama Papers, inequality, taxing the rich and much much more. The Panama Papers have revealed yet again that the rich rig the game and pay little tax. Instead of taxing the rich the Government wants us to ‘live within our means’. This is code for […]
This is the link to my article in socialist magazine Solidarity on the Panama Papers.
This is the link to my interview on Green Left Weekly radio on 3 CR on Friday morning.
If I were Bill Shorten I’d release my tax returns for the last few years and call on Turnbull to do the same.
Politicians who insist there’s no money for wages, pensions, benefits or public services had their secret hoards exposed this week writes Socialist Worker UK. As they argue we need to go on the offensive against the Tories and other pro-tax dodging governments—and to link that into a fight to get rid of the whole rotten system.
Come along to hear John Passant, former Australian Tax Office Assistant Commissioner, and member of socialist group Solidarity, talk about what the Panama Papers reveal about the real nature of capitalism and capitalism today, and how we can fight back.
We could tax the rich to fund better services. None of the parties of neoliberalism – the Liberals and Nationals and the Labor Party – are going to really do that. At best they will offer mickey mouse changes as part of a smokescreen to give the impression of doing something without actually doing anything major to upset the rich and powerful, the capitalists, whose system drives them to avoid tax and hide their affairs in secrecy jurisdictions.
Now I know none of this tax the rich stuff will in reality get on the agenda willingly of the Labor Party. The answer is that when the current or future governments attack funding for workers or the poor, attack public schools, public hospitals and public universities, the fightback against those attacks has the potential, among other potentialities, to challenge the ruling class and its systemic tax avoidance and secrecy. To tax the rich build the fight against austerity.
So it appears MasterCard gets a lot of revenue from Australia and yet pays little tax here. It screws us with high credit card interest rates and screws us again by not paying much tax here. Shame on MasterCard and shame on our politicians for not addressing the high credit card interest rates or the tax avoidance.
Saving money, the driver for cutting the ATO staff by 20%, is also the driver of big business tax avoidance. Business tax avoidance is systemic. It requires a systemic response, not Tax Office staff cuts.