The cash to fix the climate crisis and cost-of-living pressures is there if tax evasion is stopped
www.abc.net.au
Australians hold more than one-third of a trillion dollars in known tax havens and profit-shifting by multinational firms deprives Treasury of almost $11 billion a year, finds a new international report.
  • @WhatAmLemmy@lemmy.worldEnglish
    5•1 year ago

    I’d be willing to bet 99% of that tax evasion is owned by the richest 0.1% of individuals and corporations. Maybe even 0.01 or 0.001%.

    These aren’t regular Australians. They’re an ultra privileged minority.