Senate debates
Tuesday, 30 September 2014
Questions without Notice
Taxation
2:26 pm
Christine Milne (Tasmania, Australian Greens) Share this | Hansard source
My question is to the Minister Assisting the Treasurer, Senator Cormann. Is the minister aware of the Who pays for our Commonwealth report by the Tax Justice Network and United Voice, which found that, of Australia's largest 200 companies, 29 per cent have an effective tax rate of 10 per cent or less and 14 per cent have an effective tax rate of zero? If so, given that $8.4 billion more in revenue a year could be raised if companies paid the full tax rate, why is the government targeting the poor, the sick and the young with its cruel budget rather than pursuing the tax avoiders with an aggressive litigation strategy and an adequately resourced tax office?
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