Stern, Your remarks about the 66.6% tax exceeding the 30% of GPD, doesn't do your ability to do mathematics much good, and that seems to be a lot of trouble with our wonderful treasurers. Let's suppose we have that 66.6% or even that 75% on the high income, with a bit of knowledge of maths, you have to have only an average of 30% or whatever was needed. This would mean a reduction of the tax on lower incomes or no tax nil tax on say $26,000, - the minimum adult annual wage. As the corporate tax also comes into this, and from history, it seems that a top tax of 45% is the one required. The total tax has to be something like 30%, although I believe that if we had intelligent people in parliament, taking – or more truly, being paid what they are actually worth, the total tax take could be down to maybe 20%. Don't tell me that our members of parliament are any good, if they were our country wouldn't be in this hole. To join any party, you only have to sign a form “I promise to agree with the decisions of the majority” No person who had pride in his/her integrity and was intelligent, would sign this to join any of the parties. So we get what is left over as parliamentarians to run our country. And remember, they are no better than us, they are our peers, our equals, not bosses and not very wonderful employees, With the lack of integrity and intelligence they show, no employer would employ them to work in their business. The person who made up our constitution should have put more thought into it and made sure that the conditions were at the jurisdiction of responsible people, and their remuneration was determined by their employers, not by themselves.

I should have made the article about the 66.6% tax a bit clearer, because it is obvious that some people just can't get the reasoning behind it into their head. Greedy people who can see an opportunity to grab anything valuable, grab it and some CEO's are no different. Putting that high tax on high taxable incomes, puts a bit of a damper on grabbing an extreme income that you don't need, and probably don't deserve, and it results in lower prices of goods and services. I realise that there are some who just can't get their brain around this remark, but they can try or ask help from someone.

Shadow sorry bloke but Abbott's run will be over long before the next election.
He used fear and it worked Rudd surrounded himself with cringing yes sir people and did the job on himself.
You only gave me what I expected the fear and loathing tart dressed with a few untruths conservatives have always used.
But wait, not the knives but on election night and the few days after you gave me ,and thanks for it, great joy.