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- How would you improve the Australian tax system?
Income is relative to a company's profit, after expenses....
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And how would this ever work when some company's operating expenses are astronomical compared to a company with minimal expenses... it doesn't work. You would essentially be penalising all business that are capital intensive.
I get where you are going... the tax system fails because of bull sh..t deductions. However, you can't ignore expenses/deductions. - There are more pages in this discussion • 240 more messages in this thread...
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