New tax rates, page-46

  1. 7,995 Posts.
    lightbulb Created with Sketch. 65
    How many people on $300K actually pay the ATO rate. Once you maximise your super contributions, salary sacrifice a car for yourself and partner, charge all your restaurant bills to your corporate tax deductible "customer" account and make that family trust work.

    Pretty much none of those perks are possible to those on low income.
 
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.