Bam wrote on Sep 29
th, 2014 at 3:04pm:
Swagman wrote on Sep 29
th, 2014 at 10:54am:
Stratos wrote on Sep 29
th, 2014 at 10:47am:
Swagman wrote on Sep 29
th, 2014 at 10:43am:
It's pretty difficult for anyone to totally avoid paying tax which is why I specifically refer to 'net' tax. Roughly 80% of people pay zero or negative 'net' tax.
Correct Swaggy, assuming the 80% do not pay rates, GST or any other form of tax other than income tax, have multiple children that they get government support for, recieve the old age pension, the disability pension AND unemployment benefits.
Tax paid less additional benefits received = net tax.
Is it collated as a Stat. No. That would upset the ochlocrats.
No, it would simply refute your argument.
You never discuss the fact that the top quintile own about 60% of the wealth in Australia and this proportion is increasing. These hogs grow fatter on the wealth of the nation.
Wealth has naught to do with it. They are taxed on income not wealth.
I could win Lotto and be fortunately wealthy for 5 minutes. Doesn't mean that I'll be a high income earner next year but I will still have the wealth (one would hope)
If you have a high income you will naturally accrue wealth. You have already been taxed on that income. If you off load your wealth for a capital gain the good old blood sucking government will be leaching off you yet again for their pound of flesh.
The FACT remains that it is a small percentage of the Collective that pays for everyone else. F A C T
They pay a sheet-load more tax than the vast majority of others. They (most) do it under duress (threat of prosecution).
Being made to hand over close to half your income (valuables) under threat is robbery.
Handing over half your income is effectively working near half your time for nothing. Being made to work for nothing is slavery.
Progressive taxation is therefore slavery.