This link pretty much says it all.

http://www.theaustralian.com.au/national-affairs/opinion/no-the-rich-dont-pay-a-fair-share-of-tax-they-pay-all-of-it/story-e6frgd0x-1226841174461

And to think that the seven out of every ten want more.

Unbelievable!

This is an opinion piece, based on emotive arguments.

The fact is that high net worth individuals, have two incomes, the first one is the income that is declared, the second is their real income that gets hidden away in various tax evasion structures.

<And please ignore Hockey's rubbish about the top 10 per cent of earners paying 46 per cent
< of total income taxes and the top 2 per cent of earners paying 26 per cent, whereas the
<bottom 20 per cent pay just 2.5 per cent.

<The trouble with this is the definition of "earners". These are ATO figures. The level of
<"earning" is based on DECLARED income. As the corporate figures suggest there must be a
<lot of individuals pulling in very, very large incomes but whose "declared" income is very
<modest indeed.

Read more: http://www.canberratimes.com.au/comment/opinion-is-one-thing-facts-are-another-20141002-10ogp4.html#ixzz3FGJPRZ2s

<Someone pulling in a million or two might only have a "declared" income of, say, $50,000.
< We simply do not know the level of tax contribution of people with high incomes for the
<simple reason that the ATO does not know what their real income is.

Read more: http://www.canberratimes.com.au/comment/opinion-is-one-thing-facts-are-another-20141002-10ogp4.html#ixzz3FGK31ihd

Yes Wally, but what we do know is that this group collectively pays in the order of $74 billion in taxes. Which is almost half oir annual tax revenue. Do you honestly believe we can survive without that? Because that's the real issue.

These mega rich companies are paying very high wages, high super, maternity leave, annual leave, high compliance costs, the list goes on.

Now if you throw 30cents in the dollar tax into their mix, I'm sure they would find another country to do business that far more accommodating and appreciative of their efforts, because the taxes they pay are just one thing. It the taxes they generate through direct, or indirect employment that must also be taken into consideration, because if these large companies leave, the workers won't have jobs.

rehctub, almost sounds rational, however historically it really does not matter if a worker is paid $1 a day or $100 a day.

Those who operate businesses, will always complain that the workers are paid far too much and operating costs are too high.

By the looks of it some of these "High operating costs" are being used as a tax minimisation method.

That's the key issue being left out here Wally, tax write offs. When they are legal, why can't they be used? Normal wage earners use them all the time. Why not big business?

In fact, you don't see big business shopping at the markets, buying goods GST Free, yet every day Australians do it each and every week, hence avoiding tax.