30% Rise in millionaires paying $NO Tax, page-42

Quoting The Guardian was interesting, because after off-shoring their liabilities would be zero.
PAYE people have security, super, holidays etc - but the tax is taken out before they get paid. To claw a bit back is getting harder as more and more pages of legislation limits "expenses incurred in earning".

One of the few advantages of pulling out your wallet and kicking open the factory door is you do you own accounting.

You are liable for all property rates and taxes, the welfare and wages of your staff, their heating, lighting, transport and even holidays.

The money coming in is called turnover; but you only pay tax on profit.

When you open a business you assume a lot of legally enforceable obligations.
One of the few advantages is you do your own books.
Posters who called for inquiries and investigations should see the humour in their position.

The top 4% of earners already pay 20% of personal tax; and the top 20% pay HALF.
More than 50% of Aussies pay no tax (except GST).
Yet people here seriously expect that high earners should pay more - "It's not The Battle of Britain" where everything was done by "The Few".