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Kerry Packer

Posted by Declan on June 21, 2006, at 15:31:47

In reply to Re: Amanda Eloise Vanstone » Declan, posted by zazenduck on June 21, 2006, at 6:57:03

Hello zazenduck, here's something that might interst you.
KP wasAustralia's richest man, before he died. His properties and investments were/are held by a complicated series of offshore trusts. He appeared before a senate enquiry into the media (is all I remember now) and told the senators that he was not so impressed with the way they spent people's tax money that he wanted to give them any more than he had to. He treated them with contempt and became more popular. His very midrange publications did not rival Murdoch's in vileness, but there isn't much to say for them either, beyond that they advance an agenda of Australianess.
He never paid any tax to speak of, but lost up to $20 million a night gambling, and when he died was given a taxpayer funded state funeral (at which Russell Crowe officiated) proving the point that he had made all his life, that it was not worth paying tax since the government spent it so unwisely.
One of the signs of the times here.
Declan


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