Comment on 'We've reached a breaking point': Is it time to tax older Australians more?
FreedomAdvocate@lemmy.net.au 1 week ago
No, it’s not time to tax older people more. It’s time to close the loopholes that allow companies to avoid paying tax.
As for people, it’s time to lower income tax rates significantly and increase usage taxes.
Indeed, I agree with you. Tax avoidance is rife, be nice if we tightened up regs and legislation and enforced it more than we have been.
If we’re going to lower income tax more than we already have recently. Let’s increase the tax-free threshold, that way everyone benefits from low income earners to high.
MalReynolds@slrpnk.net 1 week ago
See also (often foreign) mining companies paying fuck all for resources. We really need to take a page out of Norway’s sovereign wealth fund book.