"Those with the ability to move money around to avoid most of the carnage will be better off than the middle income earners who don't have access to the same measures."
The rich don't pay as much tax the personal income tax scales suggest. They do have the ability to shift their money around legally, they can afford to get the best tax and legal advice to help them to do that.
If people want to talk about tax reform, this is a loophole which is available to the rich, that must be looked at.
Another area is transfer pricing sued by multinational companies to minimise their company taxes payable to Australia.
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