WENDELL HUSSEY | Cadet | CONTACT
In some shocking news from the great state of Queensland, a truly unbelievable revelation has emerged.
It has been confirmed this week that the economic future of the country, Adani’s Australian operations, haven’t paid a cent in corporate tax.
Even more shockingly, some experts have predicted that it may never pay a cent in corporate tax.
The truly unbelievable story comes despite Adani promising it would pump $22 billion into the Australian economy through taxes and royalties.
While a hundred mill in royalties and a bit of tax off the salaries of employees has been generated, it seems as though the big shiny promises from an Indian coal giant that runs it’s holding companies out of Singapore (see low corporate tax rate), might actually be a crock of shit.
That comes despite the nation’s major party politicians and the traditional media trumpeting the narrative for years that Adani would be an economic BOOM that bring BILLIONS of dollars into the PUBLIC COFFERS.
“Yeah what the helly,” said a local taxpaying citizen of Australia.
“Everyone said it was going to make us heaps of money, so despite the environmental vandalism the mine would cause we it was a good thing for the country.”
“But now we are learning in like two independent publications that Adani has paid fucking nothing in corporate tax?”
“What the sigma.”
“That’s skibidi rizz baby gronk.”
Adani were unavailable for comment for some reason.
More to come.
