On Facebook a friend of mine shares a story about how the biggest companies operating in Australia…
alan jones
134

Agree with the sentiment although if I personally were running say Google Australia, then it would be my job and responsibility to minimise tax to maximise profit for shareholders. If I were to take a moral stance and pay more tax than I needed to then I would quickly find myself NOT doing my job and facing a queue of people willing to do my job better.

One solution might be to devise a system where we could impose morals on big corporations – that involves a big paradigm shift though and in the absence of extenuating circumstances (or say a revolution no one wants), it’s unlikely to happen in my view.

What IS in our collective control is our own moral outrage. If we are constantly vocal about our outrage at big corporates not paying their fair share while small businesses and hard working employees do, then maybe our politicians will need to recalculate their decision to protect their highly influential big corporate constituents from paying taxes.

Absent a constant and loud drum of moral outrage from those of us too small to afford teams of lawyers and lobbyists to run a zero tax business model, big corporate managers will keep doing their jobs, big corporates will continue to lobby for tax protection from pollies, and pollies will continue to pay just lip service to big corporate tax minimisation.

Oh – and both sides of politics will also likely pass the TPP so we can’t close loopholes without facing hundred million dollar ISDS suits.

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