Farmboy, do you enjoy getting bent over and pronged by the 2 % ?
A lot would spend more on the top accountancy then they do in tax
Just look at superannuation tax concessions for the wealthy which are way too generous but went untouched in the budget.
Instead cuts effecting the most vulnerable were made whilst they told us that the end of entitlement is here.
"Australia’s richest taxpayers will collect over $35.5 billion in tax concessions via the superannuation system over the next five years, and by 2017-18 they will be taking over $8 billion a year, an analysis of budget figures reveals."
http://www.crikey.com.au/2014/05/15/super-tax-lurks-deliver-the-wealthy-35-billion-and-rising/
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- top 2% pay 26% of tax
top 2% pay 26% of tax, page-8
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