New tax bracket and higher rate for top (1%) earners

New tax bracket and higher rate for top (1%) earners

Showing 7 reactions

  • Nathan Rattray
    tagged this with interesting 2016-11-29 12:02:11 +1300
  • Jerry Cerveny
    tagged this with essential 2016-11-27 04:33:57 +1300
  • Tim O’Donnell
    commented 2016-11-26 21:40:26 +1300
    The rich don’t pay tax so why increase it? Have a single tax rate that everyone has to pay & can’t avoid. It probably can’t work off income since many don’t receive an “income”. Your policy won’t be needed once that happens
  • Tim O’Donnell
    tagged this with dislike 2016-11-26 21:40:26 +1300
  • John Alan Draper
    commented 2016-11-26 10:09:26 +1300
    We need to simplify the tax and welfare system, not complicate it. Hence CCIT and UBI with a flat tax. The UBI means essentially no-one pays tax until they earn a certain amount. For example to keep figures simple, if the flat tax is 33% and the UBI is $10,000, no-one pays tax until they earn over $30,000: $30,000 × .33 = (close to) $10,000.
  • John Alan Draper
    tagged this with dislike 2016-11-26 10:09:26 +1300
  • Ben Mayson
    published this page in Suggestions 2016-11-25 23:31:39 +1300