We need to raise the withholding tax rate so we can keep Australian money on our shores (Gerard Rennick)

The Two Major Parties are selling us out.

I’ve spoken about this topic many times before but it’s worth repeating because the two major parties aren’t doing anything about it.

Our taxation system encourages foreign investment over domestic investment by letting multinationals avoid paying tax in Australia.

This is just a straight out betrayal by our politicians who should be advocating for multinationals to pay more tax on profits sent offshore.

I’ve spoken to Frydenberg and Chalmers about this and neither of them have done anything about it.

They have no idea and no solutions.

It’s why the major parties can’t be trusted to put the people first.

PeopleFirstParty.au



[Posted at the SpookyWeather2 blog, October 29, 2024.]