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OECD report shows corporate profits contributed far more to inflation in Australia than wages

Source: OECD report shows corporate profits contributed far more to inflation in Australia than wages – The Australia Institute.

So, tax on gross revenue scaled up to include the difference in taxes between Australia and the location of a parent/service-cost company (Cayman Island). Companies avoiding their social contribution to the place where they siphon wealth from needs to be thoroughly and harshly stamped out.

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