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Anybody who is not happy taking home $132,000.00 and paying...

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Eljay

2,754 Posts.

10/05/16

16:09

Post #: 17726211
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Originally posted by Gillysrooms ↑

62.59 times more tax and government deductions than $1792 on $25,000 so for privilege of earning $250,000 they pay $112,162 in govt deductions reducing income to $132,838 or 44.86% in tax.

So ALP claiming that is a fair tax on the few that might be on $250,000 and a mere 1.27% cut in their overall tax cut is excessive?

That's where politics fails Australians in this modern educated world of spending $billions on education and ALP wanting to spend more but the end result is that the population is still very easily led to believe the political propaganda it is being fed by the likes of Bill Shorten about what is fair in our society.

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Anybody who is not happy taking home $132,000.00 and paying $112,000.00 in tax can give me a call i will be happy to take their job.
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