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“More tax is not the answer.” This was made by Treasurer Scott Morrison on August 24 in response to a proposal from the Western Australian Nationals for a mining tax on Rio Tinto and BHP Billiton.
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Jaime Nebot. Photo: ANDES. Ecuadorian President Rafael Correa singled out opposition politician Jaime Nebot, who has been calling for protests against the government, as a clear example of the progress the country has made with respect to the collection of taxes. Correa came to power in 2007. He said in 2006, Nebot paid just US$1994 in income taxes, but by last year the opposition leader was paying US$66,593.
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At a G20 meeting last October, Rupert Murdoch surprised some with a speech that criticised world leaders for, as it was described in his Australian newspaper, “their policies [that] have caused a ‘massive shift’ in societies to benefit the super-rich with a legacy of social polarisation”. In particular, Murdoch criticised youth unemployment: “The unemployment rate for Americans under the age of 25 is 13%, which sounds awful until I remember that in the eurozone that number is 23%, and it is twice as high in places like Spain and Greece, and parts of France and Italy.
corporate tax avoidance
corporate tax avoidance