In MY example, no-one pays tax, because the owner of the...

In MY example, no-one pays tax, because the owner of the business earned less than the $18,200 threshold, just like every PAYG Australian doesn't pay tax under this threshold... from a kid working at Maccas to a part time librarian... Taxes are different depending on the entity of the receiver.. eg a superfund, or trust or individual. In my example, under Labors proposal, an individual will pay tax under $18K if they earn their income from shares, whereas the Maccas worker etc. will not. This is not fair and equal. Tax systems are meant to be fair and equal.