Why are we allowing big tech to pay so little tax?

Why oh why are we allowing the Tech Giants off the hook when it comes to tax?

Bernard Hickey is scathing…

• Tax Justice Aotearoa & Better Taxes for a Better Future published a new reportthis morning titled: Big Tech, Little Tax, which estimated Facebook, Google and Amazon earned $1.6981 billion in revenue in Aotearoa last year, but reported taxable income here of just $27 million because of the use of ‘service fees’ charged to the local subsidiary by their parents in the United States.

…so these Tech giants who have caused mass social polarisation, destroyed fourth estate journalism and profited from doing both pay a measly nothing here for all that social destruction?

We can’t keep allowing these Tech giants to cause this level of damage and not pay into the economy for that greed!

There are ways we can target these Tech Giants…

…but this Government doesn’t have the spine to do it.

Politics is so sectarian now, Right Wing voters will scream ‘jealousy’ at any Left wing critique of the tax avoidance  of these Tech giants because all they have in their hearts are anger and hurt and even if the Left are right about something they can’t allow themselves to agree.

Our Social Media Overlords are laughing all the way to the bank!

 

 

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