Brodders17 said:
agree. we should actually give more tax payers money to these multinationals. then we would have more jobs, higher wages, more taxable income and lower prices. cos we all know big companies put profit low down on their list of priorities.
If you understood my argument, you would understand that your suggestion of giving tax payer money to multinationals is the very antithesis of my argument. Stop intervening in the market process entirely! Money earned through work and money received for free provides very different incentives to acting people.
Brodders17 said:
edit: though i am a little confused why profitable companies continue to push for lower wages, continue to get caught exploiting their workers and shift money offshore to avoid paying tax- surely they would prefer to invest those profits in Australia, by employing more staff and paying higher wages etc. this would have the same result of minimising tax.
I am a bit confused as to what you are saying here? I’ll try and address each point:
* why profitable companies continue to push for lower wages – because they want to make more profits
* continue to get caught exploiting their workers – you’ll have to be a bit more specific here, but I hope you don’t mean the classic Marxian definition of exploitation which is complete bunkum
* shift money offshore to avoid paying tax – I’d have thought this was pretty self explanatory
* surely they would prefer to invest those profits in Australia, by employing more staff and paying higher wages – they do invest their profits in Australia, and the less tax they pay the more they invest.