Australians could keep more of their wages if we rebalanced taxes on other forms of income

Comments

• makingStuffForFun@lemmy.ml ⁨1⁩ ⁨day⁩ ago

  Australians could keep a metric shit ton of their wages, if we just taxed the mining sector, and fired our corrupt politicians.

  We would have free education / universities, free health care, free dental and more.

  source
• Kayel@aussie.zone ⁨1⁩ ⁨day⁩ ago

  Do not tax income

  • Tax wealth
  • Take royalties for mining
  • Remove the capital gains discount

  An income tax is an attack on workers

  source

  • DavidDoesLemmy@aussie.zone ⁨1⁩ ⁨day⁩ ago

    That incentivises people to spend everything they earn.

    source

    • Kayel@aussie.zone ⁨15⁩ ⁨hours⁩ ago

      No. These policies don’t.

      Which policy and why?

      source
• sola@aussie.zone ⁨1⁩ ⁨day⁩ 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%.

  source
• Kayel@aussie.zone ⁨1⁩ ⁨day⁩ ago

  Do not tax income

  • Tax wealth
  • Take royalties for mining
  • Remove the capital gains discount

  An income tax is an attack on workers

  source
• DavidDoesLemmy@aussie.zone ⁨1⁩ ⁨day⁩ ago

  This is unfair for people who have already saved/invested. They paid the higher income tax rates initially and they would pay higher tax rates on their retirement nest eggs.

  This government can’t even sell the idea that we should talk to indigenous people about indigenous issues. So I have little faith they’ll get through significant tax changes.

  source

  • Gbagginsthe3rd@aussie.zone ⁨9⁩ ⁨hours⁩ ago

    You got yours, screw the rest?

    source