In Australia, the way people earn their money affects the rate of tax they pay — and top earners have a very different income mix from everyone else.

I find it very hard not to feel angry about the unfairness, and intransigence of the wealthy in this country.

Why should I work so hard, to get so little, when these people have a leg up on everything. And I don’t count myself as that bad off, in fact I’m, overall, goin pretty well.

  • eureka@aussie.zoneEnglish
    2·
    3 months ago

    The subtitle to that graph, from the article:

    While this may be partly explained by a large capital gain pushing taxpayers up into the top bracket in a given year, the government has also been making a case to change CGT as a measure to improve “intergenerational equity” in the housing market.