Two minutes with a brilliant billionaire: politics, legislation and tax

[@JeremyBritton]

If you liked this, be sure to watch the next video in the series to find out how Packer slashed his tax >90% and how you could also :) www.bit.ly/24tax

[@lukeaaron5588]

In Oz there's over 21,000 laws governing the individual these days....

[@lukeaaron5588]

And about 10% of the population is employed by the government.

[@JeremyBritton]

@@lukeaaron5588 it's fortunate that there are several *big* loopholes for most of them ;) You just gotta know :)

[@sirmount9156]

“You’re not spending it that well that we should be donating extra”. Brilliant.

[@Foxhound1Nine]

And the bastards are still screwing us hard.

[@Activemeasures2023]

Highjacking this comment to say that the rules he's talking about was neo-liberalism. This policy destroyed the Australian middle class by killing manufacturing and brought about the rise of China. Next time ya watching sky news tell you about the Chinese threat remember this man is a billionaire cos he cut Australians out and looked to foreign markets.

[@sirmount9156]

@@Activemeasures2023 his comment transcends the boundaries of any country and applies to all Governments: Most if not all Governments spend the taxpayers money’s poorly, at best. That’s the point of that comment. You wanna be Wombat. We are good people here, free us of your random hate, save it for your poor reflection whilst gazing upon it in your own mirror mirror on the wall, you deserve it, most of all. Thank you, good night. I’ll be here all week.

[@thegoodthebadandtheugly579]

@@sirmount9156 government spends it better than him - for dumb ass luxurious stuff which pollutes the air unnecessarily and uncalled for, lobbying to change other laws to make him richer and reinforce his monopoly while making the ‘working people’ poorer and barely meeting the ends, for dumb ass entertainment which creates generations of morons who think that’s what life and culture is all about and aim to become the next prick who hasn’t done one thing in life than cheat others out of their hard work!

[@DANIEL1985MAIA]

@@thegoodthebadandtheugly579 you don't have to work for him or buy his products. He didn't steal the money, people gave it to him voluntarily. Tax is mandatory, if you don't comprehend the difference your iq is substandard and you vote on the left...

[@neiljohnson5351]

Suffered a heart attack, rushed to hospital. Clinically dead for almost two and a half minutes. On recovery Packer stated, "The good news is there's no hell, the bad news is there's no heaven!". What a legend.

[@MichaelSmithAU]

Then paid for the heart equipment that saved him to be installed in every ambulance and made no noise about the donation at all. As Aussie as it gets.

[@manabouttown1]

⁠@@MichaelSmithAUthe equipment that he donated is known as the Packer Whackers. 😂😂

[@Yk3d05bm]

@@MichaelSmithAUfkin legend!

[@doubleheadedeagle6769]

I still remember when this happened. Notice not one person interrupted him when he was basically calling them incompetent. They couldn’t touch him. At the time I thought he was a prick, but I never once thought he was a fool.

[@imtesaalahmed2159]

Why was he a fool?

[@chewyspedoodle5499]

@@andrewboychurch LOL

[@tooradforBrad]

@@andrewboychurch You got me laughing... Government never, ever, spends money as good and as naturally as private citizens do! And about this great hate for the rich you have... Well, maybe you should try having good ideas and products yourself, and distributing them too, if you want to have money. I don't mind having good products sold to me, so go on, start doing something instead of complaining.

[@ChickenPizza]

@@andrewboychurch Government is notorious for spending money extremely inefficiently(and often ineffectively) no matter what country you are from. There is very little consequence to the politicians either way - a government isn't going to collapse from spending too much in a year - so they just spend on whatever they're getting lobbied the hardest to spend on which, unfortunately, tends to be things that only benefit a small group of people. Many private businesses could completely fold from a single year of being unprofitable, so they have far more incentive to spend efficiently. I dunno what wacko world you come from, but most of the rest of us are very well aware of all of this. If the government can do it, a private entity could do it far more efficiently. That is not debatable. Lol

[@draneym2003]

He's still a prick... obviously life is so unfair that he's a fucking billionaire

[@LDacic]

The level of boss aura around him is something else.

[@JeremyBritton]

you got it! Imagine if you also knew how to legally minimise your taxes like a Boss... oh wait, maybe you do? www.bit.ly/24tax

[@karldias1415]

When stirred his tea after telling the government to F off …. Boss

[@prabeshlamichhane1009]

And what did you learn? Just the boss aura?

[@franksorry2653]

Because he was 100% right. They had nothing on him. They just wanted more of his money. Governments do that when they’re not doing ahhh.. what else do governments do?

[@walizenlegrand9040]

Glory

[@Bruski68.]

Australia has been a worse place since Kerry died, RIP Kerry.

[@cyrusesfahani5935]

I thought this was going to be an iron man meme parody, Since he looked like the senator questioning Tony stark. But it was the other way around

[@mikolowiskamikolowiska4993]

You kNowwwww

[@ChrisLaw84]

I was trying to place him while watching it - thanks lol

[@cyrusesfahani5935]

Maybe this is a Marvel "What if..." Episode Lol

[@Palemagpie]

Someone had to say it

[@ScharfeZungel]

I knew he looked familiar... Thanks 🤣

[@dinoturnbul]

This should be played to politicians every day .

[@venglomarci]

They wouldnt care

[@shway1]

why? he's wrong on almost everything he said. australia is actually better today than it was in the past. new laws do sometimes replace old ones and when they don't it's not necessarily a problem, as economic complexity increases so will regulatory, and many of times bureaucracy does fk up are a result of corporate meddling through regulatory capture and introducing barriers to entry to new competitors and burdening smaller businesses. if rich people can use th elaw to pay a lot less tax than others, the law should change. and often those loopholes are there because of rich party donors in the first place. if its contrary to the spirit of the law, they should change it.

[@venglomarci]

@@shway1 nah

[@shway1]

@@venglomarci yeah

[@venglomarci]

@@shway1 Australia is a woke joke

[@TheFreshestLyrics]

His brother, Todd Packer is a funny guy.

[@noelfernandez1442]

I hate you 😂

[@Colem359]

Todd packer has two thumbs

[@animeshmohanty5052]

Epic!

[@timmurphy3609]

Isn't he nicknamed "Fudge"?

[@readmycomment4696]

I'm laughing so hard

[@glendoolan6441]

Its only when you come back to Australia from 22 years living overseas, you realize just how right he was, and still is. No wonder any business that can, packs its bags and heads to Singapore, the USA or pretty much anywhere else (except NZ).

[@mwaleed2082]

Why not NZ? I'm interested to know

[@lukea9873]

@@mwaleed2082 tax?

[@glendoolan6441]

@@mwaleed2082 Tax of course, but like Australia, it suffers from nanny-state over regulation. The government wants to convert the whole country into one safe space.

[@exodus2oo]

@@jimmyfleebot who and how?

[@julienfroidevaux1143]

Isn't NZ even more woke than Oz ?

[@evilish888]

Einstein once said, "Learn the rules of the game then play better than everyone else, " Sounds like he read the same quote and put it into practice 👍

[@ianlucas2003]

He made cricket! He bought it to the masses. Nine's Wide World Of Sport!

[@awjelfs5034]

When Kerry Packer walked into a court the judge would say "hello your honor"

[@sergeybrin9765]

You're lying. Provide evidence to prove your lie. You can't haha. Fuck wit.

[@daemtime1782]

@@sergeybrin9765 lol performance humor is so beyond comprehension

[@awjelfs5034]

@@sergeybrin9765 1 like haha you fuckwit.

[@Dwightstjohn-fo8ki]

"Honour" with a U. It's the Commonwealth!!

[@rickymarino1208]

When kerry packer walks into the court room, the judge pleas guilty

[@prep-classtv]

No need giving extra when you're not spending it well. Beautiful

[@entre9199]

I miss that man, I'd hear he was in town and I'd go to the city just on the off chance I would meet him... Little did I know I knew some of his friends friends. Great man with a honest business heart, they don't make em like that anymore

[@rawjor]

did he pass away or something

[@jeeves6490]

@@rawjor Quite a while ago. Memorable man, not necessarily one to admire, smart and tough though.

[@nickgodfrey1973]

@@rawjor some time ago

[@gospelofrye6881]

@@rawjor Died in 2015.

[@BearsTrains]

@@gospelofrye6881 2005

[@Advcrazy]

The argument that “it’s contrary to the spirit of the law” even though the law hasn’t been broken just sounds like someone trying to defend legislation that was simply inadequate to prevent the activities in question. Sounds like they should deal with the cause and not the symptoms of their inadequacies.

[@rayquaza1vs1deoxys]

>he uses loopholes >They try to fix the loopholes >"We don't need more legislation duh"

[@farzana6676]

@@rayquaza1vs1deoxys They are a bunch of fools. Government are scammers. All they do is sit around and think how can they take people's freedom away. That's their daily job. How to limit people's freedom.

[@zxbc1]

That's just a foolish take. There are plenty of laws that are enacted with flaws to allow for loopholes that contradict the spirit of the law. When slavery was abolished in the US, many laws were enacted but the result was segregation and continued racial discrimination - which is exactly contrary to the spirit of the abolition movement. Laws are never perfect and they will never fully capture the values of the people, but that's no reason to refuse to enact new laws that fix known problems and improve the laws. As for the purpose of government, if you can find an alternative to government in its current form that's proven to contribute to human progress more than the current form does, by all means go ahead and adopt that. Until then, you should act like a sane person and work on fixing the existing system instead of throwing a tantrum like a child.

[@jodomo4279]

@zxbc That's the thing, a lot of people aren't interested in real solutions, they just want to bitch. "Guvment sucks, we should abolish politicians." "Police suck, we should abolish law enforcement." Thanks for the input, fucktards. Open your mouths when you have real ideas to share.

[@MM-vs2et]

@@farzana6676 And what do you propose? Deregulate? So the rich gets even richer? Freedom to the people applies to everyone. This includes billionaires. And this means they get the freedom to take more money from the people. Hike their prices, fake competition, appeal to the fringes. I’m not a fan of big government, but big corporations is just as bad. One tries to take away freedom from the people, and the other tries to tale money from the people

[@peterbulloch4328]

This was the hearing where Mr Packer looked at all of these politicians and said "what you are doing here is having an intellectual wank", I was fairly young at the time but understood exactly where he was coming from. Most of them buried their heads into their papers one younger guy smiled and laughed.

[@richardgoldie5923]

He knew that he was holding court not them. Very clever!

[@redstaplerguyforlifepastpr5763]

Yeah this definitley wasn't click bait .

[@ReedoAce]

We need more people like him, not afraid to speak up and tell it how it is

[@3hadhodaxer]

John mcAfee

[@barryguff6893]

You need to be rich like him to do it.

[@guardianobserver6593]

"more people like him"?? You mean billionaires? Because His billions protect him.

[@ReedoAce]

@@guardianobserver6593 do you not think for a moment it is refreshing to hear from a person of that status addressing this head on?? Oh his billions will protect - you sound like a jealous no body.

[@guardianobserver6593]

@@ReedoAce Yeahh. I am jealous of his billions. The patriark Niarkos of the famous Greek family he "showered" with curses the politicians in their offices where he could go uninvited and also in public interviews. Yes! The same billions that use to pay the politicians, protect them also from almost everything. Now go drink your milk like a good boy and play your video games. Life will learn you all this and more, regardless if you want it or not!

[@ramseytadros3646]

He was a genius of a man, hardworking, determined with a deep down kind and very generous heart.

[@LifeLore2024]

I don't know how I end up on this video, but this was one of the best and honest speeches I have seen for a long time

[@pattheegreat]

Argument / defense... Certainly not a speech

[@greyrabbit2157]

@@pattheegreat yeah, basically he's just defending himself with that one point "I'm just following the law that I'd successfully exploited for my benefits so don't change it" and rephrase it to make it 2 minutes

[@mikiafu]

Hahaha man you need to be a bit more selective then lol

[@TorEtCetera]

It's not that great

[@000Mts000]

@@greyrabbit2157 I dont get what these folks find soooo impressive there

[@BigRedR-o7h]

This man is being scrutinized by people of no talent. Very well said.

[@jabjabgrab123]

It's always people who have no experience in the field they are scrutinizing. Happens in the UK always

[@aae7725]

Repeal an old law before enacting a new; should be a party dictum

[@shway1]

laws are not interchangable, some are much more significant than others, and they do sometiems get repealed/replaced. be suspicious of anyone who makes this kind of quantitative argument. as economic complexity increases so does regulatory.

[@aae7725]

@@shway1 that simply isn't true, government needs to stick to taking care of things that are impracticable to do individually, that's their job. Tax law is absolutely needlessly complicated because of all the special interest lobbying, it could be greatly simplified. More laws does not equal a better society.

[@shway1]

@@aae7725 yes special interests like corporations and billionaires keep adding complex loopholes and then people in this comment section simp for them. simplified doesn't mean reducing the tax base, that's another very obvious rhetorical trick they use as well as simplistically framing the issue of laws as a quantitative one. I agree government should stick to doing things it does best, like providing infrastructure, education, healthcare, public transit, public housing, welfare, funding for basic research and acting as a counterbalance to the negative effects of the private sector (negative externalities, inequality, the business cycle)

[@jasonhalil2591]

And who exactly gets to determine what " the spirit of the law" actually is? There's a reason for all that legislation and it's not the betterment of the country, it's to keep feeding the legal industry and driving their massive government derived profits - it's a big club and most of us aren't in it......

[@JeremyBritton]

you have been watching some George Carlin :) It's not too late to join the club ;)

[@ashleyember6822]

Cristian Porter understands the spirit of the law?

[@thinkingoutloud6741]

Even today, it’s not about “owing” the government. Laws are passed establishing the requirements of the tax system. If you don’t want a taxpayer to make a certain choice, then don’t write the law so it’s allowed. Simple. Don’t feed me any crap about the “spirit” of the law.

[@davidmcguren3225]

I worked for this man and his kids in early 90,s and I can honestly say that Mr K packer is a certifiable legend and an icon of the Australian character, I screwed up a business lunch at his hotel in perisher once and had to face him with an apology, totally terrifying man, what struck me most about the moment was that later I realised he never said a word, just stared into my eyes so hard he pinned my brain to the wall behind me in his restaurant, so much personal power, we should miss men like that, they're sorely needed, I'll never forget what I learnt that day in 91, god bless you m8

[@JehanKateli]

I just want to point out that the idea of only passing a new law if an old one is repealed was one of Trump's campaign promises.

[@aubreyaub]

....and with his well earned cup of tea. Bugger, we miss you Kerry.

[@ervinmiller938]

The sooner the government wake up to the fact that we need more 'doers' and less office chair sitters the better for everyone.

[@smithwillison6345]

Nevertheless business and investment are easiest way to make money irrespective of which party makes it to the oval office.

[@alenjoshua6620]

@@smithwillison6345 Despite all the economic crisis, this is still go of time to start up an investment.

[@prycejames6072]

@@alenjoshua6620 The rich see's economic crisis as garage sale, that's why investing right now will be the best decision.

[@devinclifford8144]

Having more of your income confiscated,your entire life in exchange of substandard government run service isn't anything to brag about. its actually embarrassing..

[@andersonkenneth8916]

@@devinclifford8144 Invest just 10% of your earnings, your own hand-picked stocks. You'll realize that you have beaten "Monday blues" for the life.

[@hungarianzozo]

Wow. We need more of these types of people in business and government.

[@sammiehilton3699]

Never said that he was right or wrong, just said he followed the rules. ❤️❤️

[@I-47-I]

Court - You are on Trail Dude - Im not stuck with you, You're in here stuck with Me..

[@leonlatchman9980]

So cool and smooth with his words, no hype but everyone is simply just listening. Even the guy who is at the board table, just laughs because he's amaze how good this man is.

[@richvail7551]

The company I work uses the logic as government, they write up new rules every time someone gets hurt or in trouble. This way they have a way of boxing employees into a corner that no matter what happens there’s always going to be a way of blaming the employee and hindering any form of benefits should an employee get injured from a legitimate issue. I think the legislation is doing the same thing, I think we can see it more now during these lockdowns and how difficult it is to even speak your mind about what’s going on. We know how difficult the minefield is laid out that one wrong step and your getting legal action coming your way.

[@CrashPCcz]

And employees responsibility is to not allow that happen. And when it is forced, leave.

[@richvail7551]

@@CrashPCcz Ooooor, maybe we should be looking at another way of getting the best out of people rather than always reducing all people to the least common denominator? 🤷‍♂️

[@radioactive4388]

This man was awesome, he just told the government, more people need to tell the government just that

[@davidwalsh6608]

I live in England Kerry Packer had just won a Polo tournament and popped into a country pub. On asking for some food the manager told him that the kitchen was shut. The whole party decamped to the next pub when asked for food the manager said although the kitchen was shut they could make some sandwiches chips and a few sausage rolls. When the bill came Mr Packer asked the man on how mauch his mortgage was. His tip was the value of his mortgage and given with the express promise that before he could cash the cheque he was bound to drive to the previous pub and show the manager the cheque.

[@JeremyBritton]

very classy move :) Once you are freed from forcibly paying a percentage of your money to unnecessary bureaucracy, you can become more generous in giving to your fellow humans :)

[@benno291980]

"Spirit of the Law", yeah we have that copout accusation in the US too

[@Lucas.02.]

Following the intended spirit of legislation and regulation is an important contextual part of said legislation/regulation. If the ‘spirit of the law’ is not also followed, then the amount of legislation required increases hugely as everything must be taken perfectly literally, which is just inefficient.

[@mattbrown292]

@@Lucas.02. Wrong and it's very efficient. Imagine if programmers wrote with some ridiculous notion of spirit. They write according to the strict rules of the interpreter. There is no gray area, your programs can't be interpreted more than one way. Every programmer knows the rules of the interpreter so they can read each other's code very easily and use it for themselves if needed. This idea that we should somehow understand an unknown spirit of the law is nothing but a bug for the serfs and a feature for the tyrants.

[@Lucas.02.]

@@mattbrown292 having a background in both computing and legal/reg compliance, I can understand why you think that, and for programming, sure, that’s completely true. From a legal perspective, however, it doesn’t work too well that way. Laws and regs are deliberately written to be vague in certain places, as to ensure that their scope is not extremely limited. The concept of the ‘spirit’ is used similarly to how you might view a sport - you play by both the rules, but also by the spirit in which those rules are written. Deliberately and knowingly exploiting loopholes created by vagueness is not in the spirit of the game, and the same applies to laws and regs.

[@Joe-sn6ir]

@@Lucas.02. you should stop while you're behind.

[@Lucas.02.]

@@Joe-sn6ir how am I behind? I work with this for my job, I know what I’m talking about. I explained quite clearly why vagueness is an important function of legislation, and am yet to receive a proper response which does anything other than draw a barely applicable comparison which doesn’t work with the matter at hand. Unless you’ve got something to add, I suggest you pipe down.

[@catweasle5737]

Classic. I want to keep that last quote up my sleeve for when I chat with a politician.

[@JeremyBritton]

Catweasle be sure to do that. Packer read the rules and set a precedent. “Tax is optional”. Many of my clients use the rules; millions of Australians don’t even know them.

[@HMIslander]

He was a brilliant man.

[@JeremyBritton]

Wayne Turner that’s true! And after Kerry paved the way, all Aussies could use the legislation and do likewise 🤗

[@kerryn6714]

Wayne Turner Agreed, that’s what a great & successful business man looks like. The US president could of learned a thing or two from Mr Packer.

[@topshiba293]

If only James was like his dad. Our current government would cop a right serving. Kerry would roll over in his grave if he knew what was happening to Australia these days. RIP Kerry

[@peterlattimore6013]

@@topshiba293 yes.... too true Aussie Blue...And that's coming from a kiwi who experienced the RAF of State n Federal Corruption. You Guys need a revolution to ensure ya have a sovereign future...

[@KrunchyJD]

Why?

[@robertbrynin9451]

Here in the UK we have too many people making local, regional and national laws, instead of going out and doing a proper job. Eliminating one layer of law-making was one of the reasons I voted to leave the EU.

[@Dwightstjohn-fo8ki]

"the spirit of the law" had nothing to do with following the tax RULES. It applies to more esoteric things like justice. Taxation is exact, or should be. If it's not exact, it's on the elected people that write that law.

[@maxgermasi3302]

They know it, they are the first ones to minimise their tax!

[@AnyFactor]

First day of my taxation class, I understood: A good accountant, prepares tax returns "based" on the tax code. The smart accountant prepares tax returns by understanding it.

[@VonSpud]

And the govt sits back and hopes we don't notice they are "not wearing any clothes... "

[@mikelast7918]

this is the man that should have governed australia back in the 70's and 80's......rather than having these wasteful politicians that we did have, who took australia backwards instead of forward.....

[@dweller6065]

Yes. There is a certain type of person who is attracted to a strongman, one whose actions are unchecked and whose motives are purely for the public (not private) good. When it comes to complex issues that bedevils public policy, their judgement is superb and insightful. And it is okay to lock up or threaten those who disagree. Is that the politics you want?

[@grumpyae86]

You need to read the rise and rise of Kerry Packer. Might change your mind. This was a brilliant performance put together by a bunch of intelligent people he had around him.

[@trevorfitzgerald4996]

John Howard and malcom Fraser yes two slim balls there.

[@abnergeld8196]

Probably need to read a little more into what was actually going on here.

[@blaisegirl420]

Government ineptitude is a pretty solid argument for tax evasion/minimization

[@JeremyBritton]

I couldn't agree with you more... but I will sure try! (Watch the next video after this one to see *how*)

[@devanman7920]

This is a seriously sharp dude you can just tell.

[@bluesky-ud9wg]

He is right, the tax laws were made and he is following them, loopholes and all. Bravo Sir!

[@evandarwin6214]

Pity we dont have politicians that have the human insight into todays society and what is beneficial to the Australian people . maybe they should have a look at the way kerry Packer looked on with legislation because his right that every time the state government passes a legislation and new law you are taking away the Australian people's rights and priviledges.

[@callidusvulpes5556]

Sometimes I wonder if the US government is worse or the Australian government is.

[@philipwilliams5808]

Rubbish. Laws restrict unwanted activities like murder, fraud, discrimination, tax evasion. Those are not rights and freedoms.

[@HQBergeron]

@@philipwilliams5808 The laws they pass: 1. have nothing to do with murder since that has been well defined for a long time except for the unborn 2. sometimes with fraud, but never their own 3. often with discrimination of newly defined victim groups trying to gain power over everyone else instead of equality 4. and only with tax “evasion” when they discover the laws they previously passed don’t raise enough revenue for their increasingly profligate spending and they want to punish through added taxation those who prospered more than they had hoped by following those laws.

[@moreplease998]

@@HQBergeron It is impossible to have a perfect set of laws. Even with murder you said it yourself, "except for the unborn". Make abortion illegal and half the country gets angry, make it legal and the other half gets angry. The line of when killing a human is murder is widely not agreed upon and if something like _that_ is in such a position... New laws are always going to feel like a curtailing of freedom to someone, even if a given law actually yields an increase in the liberty of most. Such a person very well could get up on a soapbox and shout about the how the law has infringed on their liberty and have the people that law benefits agree with them. Still, I firmly consider new laws that address circumstances where events have transpired through present freedom of the market to have yielded a result that benefits only a few at the expense of many are not bad unless they are poorly written. For example, price gouging with products that are necessary for health (e.g. insulin). There are several ways to address such a situation using laws.

[@HQBergeron]

@@moreplease998 My major point is that all too many laws are ill conceived and self serving or are serving a constituency who fund the re-election of those who would make more laws which would be self-serving to those people. Most of the remainder are laws which deal with the fallout of previous laws. It is the rare law which actually regulates anything which contributes to the fundamental betterment of society. In general, I advocate for fewer laws which are more carefully written, and which have defined expiration dates unless reviewed and updated to account for changing circumstances, and which become permanent law only when they have survived for several generations without need for change. When we get to the point where we cannot review these laws expediently, we have too many which are too poorly crafted to survive review without need for frequent change and thus should be scrapped and rethought. This process would bring us closer to a set of more perfect laws, but which I agree will never be truly perfect. The case of killing the unborn should be easy to recognize as murder and rectified in law by specifically declaring the unborn as fully human and possessing of all human rights, yet we have not. This would not even be necessary since the unborn should be understood by all to be human beings from conception, but the judicial branch has fallen for the fallacious arguments of adults who can speak for themselves while failing to protect the rights of the unborn who cannot, a horrible dereliction of their duties. The unborn are the most innocent humans possible, having not had any opportunity to become corrupted by perceived self interest or to break any law or even to yet know about law. Only those in a position to take the lives of the unborn are subject to those things, and it is only they who do things like define away the humanity of the unborn so they may not have standing in court to even be spoken for by someone who can speak. Yet not a single one of us has become what we are without first having been allowed to live through the well understood part of the human life cycle of being yet unborn. What hypocrisy. The approximately half of us who take that hypocritical position may further try to claim the right of a woman to control her own body, yet fail to acknowledge that she is in need of this “right” precisely because she and a male collaborator failed to control their bodies when they had the opportunity. This resulted in the well foreseeable creation of a new human body and human being over whom they are subsequently claiming the right to put to death, almost always for the purpose of their own convenience, not their own survival. What is this if not premeditated murder for personal gain? Our laws should reflect this, not protect those who out of self interest and convenience would seek to use it as yet another manner of birth control when there are already so many other options available which they irresponsibly failed to use. And I will gladly discuss the fringe cases where anyone thinks this may not be exactly the case if they will concede that this is EXACTLY the case in the vast majority of abortions.

[@zenda40]

As a Pakistani I only heard about him from the Kerry Packer world series (and his impact on cricket). Didn't know he was this huge (literally and figuratively).

[@rmoz2729]

Pakistan were great in the golden age of World Series cricket. Imran, Wasim, Waqar…I loved watching them play in Australia against us and then they capped off the era with the 92 World Cup.

[@user-pm3bx2ee4q]

Contrary to the spirit of the law?! That’s basically saying “yah well you have to obey the laws we created, but also the ones we wished we had but were too stupid to think of”

[@JeremyBritton]

Thanks JB! That made me laugh out of my nose!!

[@1vigorousdragon]

Classic Packer , Old school calling a Spade a Spade and not sucking up to the elites of government .Loved the man!

[@alexkizer639]

In business every company is going to do whatever they can to legally minimize the tax they pay. If they don’t, they lose to competitors who do. It’s similar to sports; sometimes odd strategies emerge but they follow the rules of the game; e.g. purposely fouling in basketball, trick plays in football. I believe corporations should pay tax but the rules have to be simple and thorough so loopholes don’t pop up. I’m from the USA by the way, but obviously the same thing happens here; companies minimize the tax they have to pay any way they can and so do individuals... it only makes sense.

[@arielgoldfarb4118]

Yes because it's about survival. Following all the rules the politicians bastards do? Only idiots do that.

[@cervelo9465]

He is a straight talker, and I love that. There is no such thing as the "Spirit of the Law". It's the Law and that's it. He is right about Law and Legislation. In the UK we have just had a lot of new legislation passed 2020-2021, mainly around the "pandemic". I am all for tax efficiency and tax minimization. I am all for off shore as well. What governments do with the monies they raise is an absolute joke - the waste most of the money they raise on bad projects. Straight talker. He told them straight. Personally I think it's okay to tax Billionaires at 1%. As 1% of 1 Billion is still 10 million, so you are still getting a nice chunk. There's no way Billionaires should be paying 25% or 50%. Billionaires are demonised but I seriously disagree with that world outlook. Billionaires are as important or even more important than politicians. Billionaires are more important, cleverer, more influential than potlicians. A lot a lot a lot of Government actually causes great harm.

[@juliand.l.4310]

“Doing so in ways that were contrary to the spirit of the law.” 😂🤣😂🤣 what spirit was that? Theft!?!?!?

[@walkietalkie1973]

And folks this is one reason he is at the top of the food chain in Australia

[@IamSamSammIam]

"Inflation is legalised counterfeiting, counterfeiting is crimalised inflation"

[@JeremyBritton]

OMG! I love this! (BTW consider it stolen) ;)

[@IamSamSammIam]

@@JeremyBritton I stole it too 😉

[@ancientnpc]

And the government still pulls the same shit every budget. Strangling the golden goose eveytime. K. Packer dead set legend.

[@stronzer59]

That's the Snake Pit getting TOLD!!

[@pranjalvw2193]

"And every time you pass a law, you take somebody's privileges away". 👏 That is one undeniably accurate statement

[@rks5457]

Ooohh my right as a billionaire to avoid taxes. Poor me.

[@shway1]

every time a big donor gives money to a politician a small business owner gets hurt. every time the government buys a tank a bunch of kids go to bed hungry.

[@frederickstudenheimer3378]

@@rks5457 he donated a lot to charity would his money be better spent going to charity or going to the government a government who was wasting a large portion of their budget on funding foreign governments who did not need it and needless wars.

[@heinzii7834]

@@rks5457 When they change a law it affects more than the billionaires. How are you so myopic and I'm on the left.

[@BCFCFAN79]

1.21 - Look at that smirk ! They remind me of a bunch of Lawyers

[@katewild2194]

Tax to a company is like a cancer I heard an accountant say that once

[@cryptocurrencyweekly5007]

PACKER you are a legend

[@JeremyBritton]

Timothy Cunningham Packer was a wise man indeed. He loved the underdog and disliked bureaucrats and stupid authorities. How can you follow his example?

[@cryptocurrencyweekly5007]

I am not following anyone mate. I am making my own opportunities in this world and it's financial markets. Which have been quite profitable. Packer is a legend and a genius. I would never try to replicate him. I know what im good at and i stick to it.

[@ringuyen3234]

This man should be our PM same like Trump in the US

[@peterlattimore6013]

@@cryptocurrencyweekly5007 don't interpret the question on how to replicate "follow" him... Clearly you have direction, but have you stood up for anyone else, or challenged the system? Hence the clip n rhetorical question from Jeremy. Oz Gumnut State n Federal love you to preoccupy yourself and ignore the encroachment of your liberties.

[@GutRot1113]

He's quite right, those guys made the law and he followed it to the letter. "Contrary to the spirit of the law" he says as if that's how laws are meant to work. I have no love for billionaires but the dude is right, he played the game perfectly.

[@kafon6368]

"spirit of the law" is such an underhanded thing to say sometimes. Present text to a person, they take the meaning literally, or as figuratively as logic allows it to.

[@adequatequality]

I feel like if more people got educated in the ways they could save on taxes and overall just keep more money in their pockets, they'd understand why rich people and businesses pay less and less taxes each year. It's no a cynical or "evil" thing, it's a human thing not to want others to take your hard earned cash. People will call it unfair, and maybe there is a massive power imbalance, but it doesn't negate the fact that no one wants to pay obscene amounts of taxes for whatever reason.

[@JeremyBritton]

true dat! You made the money, and the government spends it recklessly, so give it away directly to the poor... Isn't that what Jesus said: give to the poor (NOT the govt)?

[@richardgarno6591]

A real and accurate indictment of the political system and politicians. It applies equally well in the U.S.

[@markcowley6715]

This man was a TRUE AUSTRALIAN this crap is STILL HAPPENING TODAY

[@jamesash6361]

A rarity today---someone who speaks truth.

[@CFox.7]

Well it's not from today is it ? And there are plenty of entrepreneurs speaking truth all over the internet

[@shway1]

he's full of shit though

[@pattheegreat]

Trump

[@gjaeigjiajeg]

"today"

[@simonrankin9177]

I wish more people took the government to task in this fashion

[@PiedFifer]

1:15. “You’ve gotta be a lawyer!” BINGO! Such laws are a full-employment acts for lawyers.

[@pizzareviewwithkarrighione5576]

Some people rather be comforted with a lie than hearing the truth..

[@garyquinlan4075]

Absolutely brilliant and truthful.

[@Ryan-zc1tz]

An entrepreneur who gets rich by creating a product that benefits society is one thing. But never trust a politician who gets rich through politics and suppressing the output of innovators like Kerry Packer.

[@suparoo100]

Australia could do with a few like this man in this day and age

[@shway1]

hell no

[@reason0808]

Pretty sure he was advocating against change because change is a threat to the status quo, of which he’s done very well financially in.

[@lanardfletcher1422]

Exactly. These people are Satan’s people.

[@TheGistwithJosh]

Not what he was saying at all. He was saying laws are endlessly added and piled up and it's creating a congested society of rules

[@poling1990]

@@TheGistwithJosh Its also worth noting that the current tax laws were likely just fine and allowing the people and nation to prosper. Why overhaul the system and possibly replace it with something worse just to squeeze a few more pennies from the private sector corporations. Not like the government is gonna magically turn that money into something useful. They certainly don't do it with the mountain of tax revenue they currently take in.

[@TheGistwithJosh]

@@poling1990 That is worth noting, fundamentally cannot spend well money they have not truly earned. I understand these services are necessary, but they have become corrupted and demand power for powers sake, however they have not earned such power.

[@thelordhumngous]

You are ignorant...he was not an advocate they called him in to testify...jelousy is a curse it blinds your abilty to understand

[@lot6129]

GENUIS, 100% true and valid

[@LIOTBs]

Said this exact same thing a million times. We have all these bazillions of old laws that we should go through an audit and sort out and clean up and repeal or modify before we do anything else with new laws.

[@gjsykes7924]

'I'm just a businessman following the rules' aka 'nothing to do with me mate'.

[@mrleafbeef634]

The gov is the problem

[@INFEDnoX]

@@mrleafbeef634 They are both the problem. Don't try and absolve exploitative billionaires of responsibility simply because "gubmint bad."

[@johnsinclair4111]

This man is absolutely correct. We are governed by self serving, snout in the trough politicians who churn out rules like there is no tomorrow. As a result a one time great nation is becoming a third rate state. Why do we have complex tax rules, so complex you need an account to fill in the form? Simplicity fairness is needed. We should only have two taxes, income tax and a sales tax. Taxes should not be used to alter behaviour. Two kinds of benefit should exist. Contributory and non contributory are all that should exist and it should be clear that those who don’t pay can’t expect the same benefits. No social legislation is needed, people should be free and independent not bullied by the state. Every politician caught enriching themselves should be banned for life. Brown repaid garden expenses, Cameron, enough said. Boris flat refurbishment and Blair where do you start. The biggest snout of all time! Lets have integrity so that’s Sturgeon and her pals away.

[@JeremyBritton]

Excellent points. Our society survived for centuries without income tax; sales tax was enough to fund schools, roads, hospitals, the armed forces etc. Have you heard of the Tobin Tax?

[@danielstadden1149]

@@JeremyBritton there were no schools or hospitals hundreds of years ago at least not for the common folk, now military spending that goes back thousands of years

[@MAXDEVVING]

Lost me at income tax! Taxation = Theft

[@brucechester3491]

The place is a helluva better place for Kerry's influences.....pure brilliance on every level, a true "Master of the Game"📡🛰📺

[@redstaplerguyforlifepastpr5763]

Neat just learned about him today .

[@skaizun]

The sole reason for politicians' existence is to keep themselves employed. Writing bills and passing laws - - no matter how mundane or inane - - makes their constituents think they are are accomplishing something. It doesn't matter that they didn't consult any experts or constituents on the given subject, nor does it matter that anyone thinks it'll help whatever it is meant to address. And, it doesn't matter what country you're in or what kind of government you have; the people in power are above us, don't listen to us, and don't care, at least, not until re-election time comes around. Don't get me started.

[@ketanhule9622]

exact same sentiment in India. Except Delhi where its being spent so well that people are happily contributing extra!

[@faithfamilyfreedom5750]

Respect to you sir , what a legend, rest in peace.

[@hieronymusboss7705]

Oof. That makes me want to watch the entire proceeding.

[@Agnes_Noby_sir]

almost gave this a like. Then mans face got suggested away for the last ten seconds...

[@sokonlon]

A conversation between this guy with Katie Porter Will be great to watch

[@leddidi]

They changes the rules because it benefits them

[@andromeda1376]

What a brilliant man! He died much too young! RIP Kerry Packer. 🙏

[@delanodegenie6970]

@MichaelKingsfordGray Blimey you really have a hard on for peoples names don't you?!!... Weirdo!!

[@76booge]

I'd heard Eddie McGuire tell a story about him. He was at the cricket, a group of very sick kids having a day out we're sitting near Mr Packer, he found out who the kids were and paid for all of them and their family to go to Disneyland. You have to admire that.

[@rudkazydel1060]

Might've made more sense to actually pay his taxes and actively work towards sick kids having access to free and proper healthcare instead of random acts of charity that cost him nothing, are no solution to the actual problem, but let him feel better about himself and people like you justify his behaviour and his role in the problem. Might want to check Anand Giridharadras work on the subject kzbin.info/www/bejne/fmSVq2drpJWKrqM

[@daleviker5884]

@@rudkazydel1060 He did pay his taxes. That was the point of the clip. The senators were just left wing dribblers like you who couldn't bear the fact that THEY drafted laws on what tax was payable, he COMPLIED with their laws, and then they decided they didn't like the outcome.

[@jd35711]

of course the rules he's referring to were written by lobbyists employed by billionaires - "gosh, i'm just following the rules i made up"

[@thelordhumngous]

You are an ignorant fool...kerry was brilliant and a great aussie

[@sanansa4567]

in the United States that is how politicians are rated. They get a scorecard on how many bills they can draft and get passed each term.

[@TheSebastian5978]

These libraries are clowns and have always been clowns. When things don’t go there way they just try to change the rules because they were shortsighted to begin, with and always will be.

[@sayan1667]

I want so much to be with people who talk and think like him, man... These people there were not on his level of inteligence and confidence!

[@JeremyBritton]

search #taxchoice and join the crew :)

[@williambrandondavis6897]

When your oppressors get angry that the Stockholm hasn't taken effect.

[@RokineMLG]

This is what Trump meant to say when he said “I was a business man doing business”

[@Lawrence2525]

Pity he isn’t not even close to this man

[@anthonygaertner2396]

@@Lawrence2525 He's hell of a lot better

[@hazeltate6614]

Packer used to work traveling mostly employed by DunderMifflin

[@johnjerrehian4642]

Amen Brother! That goes for all countries especially the US.

[@rohansprigg7498]

What a great business brain the man was. His son wouldn’t make his left shoelace as a businessman

[@notimelikethepresent4739]

If Kingpin were a real life person in wealth, stature and intellect.

[@danbonzo41]

What a man. He is very missed

[@peanutarbuckle7397]

Lived in Oz for a year and I couldn't believe how many rules and regulations there were for everyday living. Absolute nightmare. Now with the Coof, we see Australia as the most authoritarian country in the West, possibly globally. This guy called it and that smirking prick is the reason Oz is as fucked as it is.

[@coopsnz1]

Socialism is why