Australians could keep more of their wages if we rebalanced taxes on other forms of income | Allegra Spender
www.theguardian.com
A dual-income system would encourage people to invest in themselves while reducing incentives to split or reclassify income to exploit lower tax rates
  • sola@aussie.zoneEnglish
    7·
    7 days ago

    I don’t really get how this would improve anything. We already dual income system. Most capital gains likely get a 50% discount. Invest under a company for likely a flat 25%.

    Cynically we know what is going to come of this summit, Corporate tax rate will be lowered to 25%.