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Fired up host of The Project slams mining giants and millionaire tax dodgers for ripping off Australia – as a new report reveals how much the rich really pay
- Kate Langbroek has slammed corporations and wealthy Aussies not paying tax
- She said regular battlers paying tax are ‘holding up this country’ on The Project
- Data released by the ATO showed there were 60 millionaires who paid no tax
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Kate Langbroek has blasted wealthy tax dodgers for ripping off Australia, as a new data shows that 60 millionaires paid no tax this financial year.
The Project host said on Tuesday night’s episode it ‘drives me crazy’ that battlers are forced to ‘hold up this country’ while the rich use loopholes to avoid handing over their fair share.
A new report by the Australian Tax Office found 60 individuals in the eight-wealthiest post codes in Australia who earned an average of $3.5 million were able to side step the tax office.
The Project’s Kate Langbroek (right with Carrie Bickmore) slammed companies that are not paying income tax while regular Aussies are left ‘holding up the country’
New data released by the Australian Tax Office showed there were 60 millionaires in Australia
‘Those companies that just ship everything offshore and then my dad who is a teacher who paid 38 per cent of every dollar he ever earnt, they’re the people who hold up this country and other people are digging the s**t out of it,’ Langbroek added.
‘The Commonwealth belongs to us, it drives me crazy. I paid a lot of tax.’
Her criticism comes after five energy giants were revealed to have paid no income tax over the past seven years despite generating a combined $138 billion in profit.
A report from the Australia Institute found four of the five members of the Australian Petroleum Production and Exploration Association (APPEA) – which includes some of the world’s biggest firms – are paying no tax despite massive income.
Chevron, ExxonMobil, Arrow Energy and Australia-Pacific LNG are ‘violating laws’ in avoiding taxation according to experts, with the greed of the multinational companies laid bare.
The APPEA estimated the members of the association would pay roughly $11billion in tax by 2020 – saying the gas and oil exploration would bring significant revenue to Australia.
Instead, the energy giants have paid no money in tax – while Australian venture Santos paid just $6million income tax from $28.9billion.
The comedian vented her outrage over corporations who ‘ship everything offshore’ and wealthy tax-dodgers that ‘dig the s**t’ out of the country (stock image)