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palmer and Gina work hard for their money, whereas unions rip...

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grindstone cowboy

20,364 Posts.

107

06/12/21

09:02

Post #: 58088970
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Originally posted by moorookamick: ↑

IMO the Billionaires like Reinhart, Twiggy, Palmer etc
have their wealth tied up in their mining company shares
of wish annual gains are not taxed; only dividends that are
already franked..

This leads to a situation where even on dividends
someone like twiggy pays 15% tax (his income) where
that average Aussie striving to make ends meet on PAYE
os paying nearly 3 times that tax rate.

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palmer and Gina work hard for their money, whereas unions rip off the workers, so the RWNJs tell us.
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