Socialism Gone Wrong, page-2

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    Michaelirish, your representation of what you heard on Q&A last night bears no resemblance to the facts.

    Someone earning $80,000 a year is required to pay income tax of $17,547 plus 37c for each $1 over $80,000!

    If that panelist claimed he paid NO TAX he should have explained how he manages to reduce his tax obligations to the tax-free threshold of $18,200 or below.

    https://www.ato.gov.au/rates/individual-income-tax-rates/
 
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