dear Jimmy, i shed a crocdile tear for you and your $300,000 pa salary. So I seems you dont have a financial problem that those poor mortgage holders are suffering mortgage stress.
I find out it very intresting the more people earn, the more they want to keep it, without paying tax as their social responsiblity.
jimmy, i think being in an isolated place when everyting is paid for you that you should realise that the mere $100,000 and less people do pay tax and that there is a Tax consumption called GST. and there is Tax on capital gains, albeit at aate that you think is low and we do Tax company profits."
The problem with company profits is that any dividends recieved are effectively tax free - franking effect.
And your statement The tax for "defense, education, hospitals, public transport, etc", should come from; consumption, capital gains, company profits' seems that you dont want to pay any tax on your $300,000 pa income.
I dint realise that Keen was also and anti perosnal tax perosn. but explains his motives. Keen lives if taxpayer funded insti and then doesnt want to pay any tax as well.
