Don't pay so you can read it. Pay so everyone can!

Don't pay so you can read it.
Pay so everyone can!

“Here’s half a trillion”, says Bandt, so ABC compares Bandt to Trump

by Michael West | Aug 29, 2024 | What's the scam?

What’s the scam with the media and Greens leader Adam Bandt? Is identifying one of Australia’s great challenges and offering a viable solution bad?

“Wild bid to tax big Aussie companies more”, headlined Murdoch’s News.com.au, apparently without a clue Bandt’s targets are mostly foreign-controlled. “Mining, business leaders slam Adam Bandt’s $514bn tax slug as economic sabotage”, trumpeted The Australian, owned by an American billionaire.

“Bandt defends”, posted the Guardian, “Greens demand $500bn in ‘Robin Hood’ taxes on miners, corporates”, said the AFR, “Greens hunt big business with Robin Hood tax”, declared Sky News.

The scam is they’ve lost the plot, played straight into the hands of giant foreign fossil fuel corporations. MWM has been looking at the accounts of large foreign multinational tax avoiders for 15 years – that’s the source documents, not the political and business lobby rhetoric.

Multinational tax avoidance is perhaps the greatest challenge this country faces in financing future generations, and it can be tackled with the political will and the right policies. Not only do these corporations skin us all on income tax, in many cases they don’t pay royalties either; that is, they make off with the minerals that we own for free.

Instead, we get ‘race-call’ journalism, even the ABC comparing Adam Bandt to Donald Trump.

If you want to know how it’s done, look at Norway.

A tale of two fossil superpowers: what Australia can learn from Norway

Michael West headshot

Michael West established Michael West Media in 2016 to focus on journalism of high public interest, particularly the rising power of corporations over democracy. West was formerly a journalist and editor with Fairfax newspapers, a columnist for News Corp and even, once, a stockbroker.

Don't pay so you can read it. Pay so everyone can!

Don't pay so you can read it.
Pay so everyone can!

Pin It on Pinterest

Share This