.. and the simple answer to this problem is by dumping the...

.. and the simple answer to this problem is by dumping the current large, complicated personal tax system and replacing it with a simple flat tax of 20%, over $10,000.

We already pay a 10% consumption tax, so 20% income equals 30% ... no-one should pay over 30%.

Then high income earners, who currently pay over 60%, wouldn't need to reduce tax .. and couldn't with a simple tax system.

Tax income wouldn't decline too much as taxpayers would be willing to pay 20% and it would encourage investment and risk taking.

The answer is simple but greedy politicans cannot see past their jobs.