If Mr Smith had $6 billion dollars and zero income, how much tax should he pay? If all his income was from fully franked dividends (already paid 30% tax), how much should he pay?
Curious what this "fair share" is? - a wealth tax based on assets? ......... "he's rich so he should pay more tax!!!"
Easy to talk about a "fair share" but what is the policy? Seems that its upto the government to design a tax system that is fair, not rail against law abiding citizens who contribute to this country.
