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The Forum > Article Comments > Why there’s no option but action on Australian tax rules > Comments

Why there’s no option but action on Australian tax rules : Comments

By Richard Holden, published 29/9/2014

The top 10 per cent of earners pay 46 per cent of total income taxes. The bottom 20 per cent pay 2.5 per cent. This makes Australia's income-tax system among the most progressive in the world.

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JKJ: It's a business expense par excellence.

It's a rip off scam available to the likes of Lawyers, CEO"S, etc. It's a scam for the big end of town & you know it.
Posted by Jayb, Tuesday, 30 September 2014 3:36:07 PM
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As a rough guide, I pay around 25% of my income as a PAYE. Then add on around 10% GST on my left over income.

Then there are the sales taxes, petrol duty, and a host of other government fees and charges.

I guess that the effective tax rate to be around 45% of my income.
Posted by Wolly B, Thursday, 2 October 2014 12:34:58 PM
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