The Forum > General Discussion > Very disturbing information - must see.
Very disturbing information - must see.
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Posted by sonofgloin, Wednesday, 1 October 2014 6:36:43 PM
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As Paul said this is an agreement fest.....but let’s qualify the tax players.
JKJ, you said "people avoid tax" and some do by understating or over claiming in their returns....criminal actions that are against the law.
Corporations on the other hand do not wilfully understate or over claim........they have constantly applied pressure through professional lobbyists to legally have the amount of tax they pay reduced.
All first world governments have cut the tax paid by corporations by two thirds in thirty years while the PAYE employee tax rate is the same...they just piss around with the thresholds every now and them so they have an election promise.
If you PAYE $1000 you will be taxed $220......If a corporation earns $1000 they will be taxed $90....and they can claim GST back as well.
The 8% that own 85% of everything on this globe must be aliens because they have no shred of humanity in them.....We are poor saps.......with the 15% of the globes assets that the 92% of us own we feed the needy, shelter the homeless and support charities...what do the 8% do with the 85% they own?....really what do they do with it?