Friday, October 16, 2015


How the Tories are allowing big business to design their own tax loopholes by Aditys Chakrabortty
In Australia "The law, which tax transparency campaigners branded a "big step backwards", will exempt private companies with revenues of more than $100 million a year from a requirement to disclose how much tax they pay....

The government had originally argued that the exemption was needed to protect business owners from kidnapping and extortion if their wealth was made public but it dropped that defence after Fairfax Media revealed that security agencies, including the Australian Federal Police, had not even been consulted on whether any threat existed."

From Wikipedia, Senator Wyden about TPP "The majority of Congress is being kept in the dark as to the substance of the TPP negotiations, while representatives of U.S. corporations—like HalliburtonChevronPHRMAComcast, and the Motion Picture Association of America—are being consulted and made privy to details of the agreement."

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