Post by NFA on Feb 14, 2024 11:19:47 GMT 8
To comment on “ATO crackdown on small biz”, 14/02
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It would be easier to accept the ATO “cracking down on small businesses” if two other aspects of the overall tax environment received equal consideration, (“ATO crackdown on small biz”, 14/02): big businesses paying their fare share and the government being less wasteful of the tax take.
There are several very large multinational corporations which artfully transfer profits to lower tax environments overseas to avoid paying tax in Australia. They’re all take and no give. By contrast, small businesses not only pay far more tax proportionally, but they employ far more Australian taxpayers, If the ATO wants to “crack down”, it should be starting with the big end of town.
While small businesses and ordinary Aussies have had to crank their belts ever tighter to cope with a long series of disastrous decisions by the Labor government and their Liberal predecessors, which became exponentially worse from early in 2020, the government itself is just as flagrantly wasteful as ever and squanders our wealth with relentless zeal. If the government is having trouble balancing its budget, it should begin with cutting its own waste.
Jennifer Short
Edge Hill
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It would be easier to accept the ATO “cracking down on small businesses” if two other aspects of the overall tax environment received equal consideration, (“ATO crackdown on small biz”, 14/02): big businesses paying their fare share and the government being less wasteful of the tax take.
There are several very large multinational corporations which artfully transfer profits to lower tax environments overseas to avoid paying tax in Australia. They’re all take and no give. By contrast, small businesses not only pay far more tax proportionally, but they employ far more Australian taxpayers, If the ATO wants to “crack down”, it should be starting with the big end of town.
While small businesses and ordinary Aussies have had to crank their belts ever tighter to cope with a long series of disastrous decisions by the Labor government and their Liberal predecessors, which became exponentially worse from early in 2020, the government itself is just as flagrantly wasteful as ever and squanders our wealth with relentless zeal. If the government is having trouble balancing its budget, it should begin with cutting its own waste.
Jennifer Short
Edge Hill