Sky News contributor Peter Switzer says President Biden is crusading to save the world from climate damage but should instead give attention to big US companies not paying a fair share in tax. This comes as Netflix revelad it paid just $550,000 in Australia despite estimates it earnt more than $1 billion. “The reason why the tax bill is so low is that headquarters for Netflix, a US company, is in the Netherlands which is a low tax regime,” Mr Switzer told Sky News. “You could use that tax money to fund alternative sources of energy to make it much easier to save the world from climate damage.”
from Breaking National News and Australian News | Daily Telegraph https://ift.tt/3vDdLYM
Sunday, May 2, 2021
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