Archive for 'Tax'
My article (with others) on the taxation of payments for household solar panel generated electricity has just been published in the Australian Tax Review. ‘Are returns received by householders from electricity generated by solar panels assessable income?’ (2014) 43 AT Rev 263. Our answer is yes, where the electricity is fed back into the grid. […]
Me in the Conversation today on tax avoidance: Tax haven crackdown still to deliver missing billions
A link to speaking notes on the G20 and tax avoidance: Fighting the One Percent for Tax Justice and Equity
Passant, John, Tax Avoidance and the G20: Fighting the One Percent for Tax Justice and Equity (November 4, 2014). Available at SSRN here. To view the whole paper hit the download button in the middle of the page or thereabouts.
These are the speaking notes I wrote for a talk at a conference on the G20 and tackling tax avoidance organised by Political Economy students at Sydney Uni, Action Aid and Green Left Weekly. They bear some vague resemblance to what I said in the 20 minutes I had. I finish off with: The protests against the parasites of the G20 in November in Brisbane should be one focus. Tax the rich is a slogan we can take to those protests. Real tax change won’t come from the politicians of the one percent. It has to come from us mobilising along with the mass of people for such change as part of a wider campaigns for equity and justice economically and politically. Fighting for tax justice can be and has to be part of that national and international struggle.
Far better from Hockey’s point of view that we pay $7 to doctors than that his mates pay even $7 in tax.
I agree with Finance Minister Matthias Cormann. Taxing the rich and well off could easily address the Budget ‘emergency’ and have enough left over to adequately fund better public health, public education and public transport as well as a move to a fully renewable energy society over the next decade.
Australian Tax Office to lose 3000 staff by October; what happens to revenue collections from the rich and powerful, Commissioner?
The one percent has captured not only Parliament and tax policy but tax administration now too. If that is true, the conclusion we might then reach is that the slaughter of Tax Office jobs currently under way is actually an attempt to administratively reduce taxes on capital by weakening the capacity of the ATO to tax the rich and powerful. Certainly that fits in neatly with the neoliberal cut taxes mantra of most politicians and the Treasury.
Over to you Commissioner of Taxation.
Where does all this income – profits, rents, dividends, interest, wages etc – and the taxes imposed on it, come from? It is the wealth (or more precisely, in Marxist terms, the surplus value) we workers create that we are talking about. It is ours. We should decide where it goes, not the parliamentary popinjays of profit.
I love it when thieves fall out. The front page of The Australian today (Saturday) has analysed the tax position of Clive Palmer’s companies. They haven’t paid tax for 6 years. I am so looking forward to the Australian’s forensic analysis of the tax position of News Corpse both in Australia and globally. Black kettle […]
If we don’t fight we will lose. The 25000 who turned up to the May Day Rally in Brisbane on Sunday show the will to resist is there. They have seen the Abbott future. Its name is Campbell Newman. Now to turn the will to fight back into action. The union bureaucrats won’t do that. Most of them will gasbag for a little while and then surrender without any fight at all, without any strikes. That is why it is important for us to organise in our unions against Abbott’s attacks and for a better life.