"According to the ATO the top 10% (those earning $105k plus) pay 46% of all the income tax. Thre top 1% pay close to 17%. The top 20% pay 62%.
The ABS published recently that only the top 20% of earners actually pay more in taxes then receive back in government hand-outs.
The rich pay their fair share"
These figures are the stark reality. It amazes me that so many on HC politics keep crapping on that the rich don't pay their fair share of tax. These individuals need to define what rich means.
