Hi Valen
Why would Australia want a flat tax system?
Wouldn't such a system make the rich richer and poor poorer?
Look at say 20% tax and incomes of $30,000 and $300,000.
One takes home $24,000 and the other $240,000.
In the current tax system the $30,000 earner is probably paying more tax in the new flat rate system and the $300,000 earner is probably paying less.
The poor get a tax hike and the rich get a tax break?
Dex
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