Pigs at the Trough
So with these tax changes, I’m seeing a lot of chat about.
And, look - I worked in FinTech for a couple of decades, doing software used by accountants and lawyers. I made my money by helping certain people help other people with wealth shirk their obligations.
So much wealth, so much income, serviced by this huge apparatus designed for dodging tax. I’ve seen just incredible levels of effort put into byzantine arrangements to shave off a couple of points at the margins.
It’s rorting. We all know it. And sure, individually, I get why people do it. Novated lease? Family trust? Negative gearing? Don’t mind if I do.
But we’re the median 2nd wealthiest country in the world. 1 in 5 aussie kids grow up in poverty. Individual greed totals up to that result.
Pull your heads in ffs. Pigs at the trough