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Greg

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 #16 
The current federal government is set to transfer much of the tax burden to modest and lower salary and wage earners.Lower company tax rates are on the way, negative gearing to reduce tax on slaries; dividend imputation to make dividends almost tax free. Tax evasion is rife in public and global companies who should be taxed 5% on total turnover instead of taxing income which they can fiddle easily.
Negative gearing and dividend imputation really benefit banks most because negative gearing involves paying the bank $1 to get a 40c tax deduction and dividend imputation encourages people to put their wealth with the bankers who invest it and take most of the wealth. Negative gearers do not always build assets for their retirement. They often build debts and lose all their assets  because of it. gain the moneylenders gain most. If allowed negative geaering they should be denied pensons. Self-funded retirees should be allowed to earn the equivalent of the aged pension, tax free. Maybe they are already.
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Greg

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 #17 
Ronald's comment is a good one. In order to make the change we need to decide what we want in  tax system. Is it to collect money to run the country or is it a mechanism to control social behaviour. At present it is used extensively to encourage people to do or not do particular things wanted or not wanted, usually by vested interest groups.If its aim was just to collect taxes with which to run Australia it could be very simple.

More views please.
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Ronald1

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 #18 
We are long overdue for a simplification of our tax system through a tax reform. Many reviews have recommended them but no politicians are acting on it and successive governments only make it ever more complicated with each successive budgets and their changes. The simplification of our tax system should also endeavour to make our system fairer and to ensure that big corporation pay their fair share.
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Greg

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 #19 
Gst is to be applied to foreign online sales. We might ask why politicians have allowed so much tax to be avoided over the past 10 years. Next idea should be to remove input credits so companies actually pay GST. That is the only tax that cannot be evaded by the clever tax evasion industry of accountants and lawyers that robs Australians of even more money than the banks do.
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Greg

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 #20 
Do you think that cutting the tax rate of big corporations earning billions of dollars a year to 25% is fair when individuals pay mostly 32.5% and over $200,000 p.a. they pay around 46%?

Is it fair that big corporations claim back all the GST they pay so that in fact they pay no GST at all while individual voters pay up to 46% tax?

If the government wants to create jobs, why do employers have to pay Payroll Tax, encouraging them to automate, pay contractors and send jobs off shore on contract?

Is it fair that people who earn their money working, or renting out premises, farming or running businesses pay full tax but people who earn their living from dividends pay little or no tax on the dividends?

Is it fair that people can borrow money for a rental property and claim a full tax deduction against other income for interest paid then when they sell the property are exempt from tax or pay only half the normal rate? (negative gearing)

Is it fair that business owers get tax deductions for travelling to income producing sites but salary earners do not get tax deductions on travel to work?
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Greg

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 #21 
Basic questions on tax:
Why do companies earning $1 billion a year pay 30% tax yet individuals earning $200,000 pay 46%?

Why do voters and other individuals pay 10% GST yet companies don't because they claim back whatever from the ATO?

Why do people who earn their income from listed company dividends pay no or little tax on those dividends, while those who work to earn their income or rent premises to earn income pay full tax on their net income?

Why can people deliberately make a loss by borrowing to buy and rent out a house or flat thus obtaining a tax deduction which reduces the tax rate and tax payable on their other income, then reap a large capital gain when they sell the property and only pay half normal tax rates on the capital gain?

Why are Big Australian companies allowed to channel their profits through overseas tax havens to completely avoid Australian tax on those profits when salaried Australians just have to pay tax on all they earn?
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Greg

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 #22 
Our Australian tax system is largely devised around the electoral benefits it gives to the political party in power at any one time. Salary and wage earners suffer most on the income tax side and individuals suffer most from gst which businesses claim back from the tax office. Jobs are discouraged by payroll taxes which tax employment. That is why we sit on the phone in a queue for 30 minutes or listen to machine answers to questions we did not have, instead of being answered by a helpful employee. When technology givs us worse outcomes we should not use  it to put people out of work.
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