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Joined: Dec 2006
Posts: 5,830
Top 50 Poster
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Top 50 Poster
Joined: Dec 2006
Posts: 5,830 |
Gotta agree with you Jim. Bill, it's not small business I'm talking about here, it's the generational super rich who flout the system, so you and I have to bear the tax burden.
Example ; Australias richest man, at the time, Kery Packer was dragged before a Royal Commission and asked why he paid NO tax.
His reply as that he plays by the rules, and by the current rules, he didn't have to.
Example 2 ; Rupert Murdoch, of Fox also pays no or little tax to the US government. That is because his 38 billion dollar fortune is held in......wait for it......Bermuda.
Real fair tax system huh......
cheers, niteshift
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