Then the hard workers pay 35 to 40 percent tax to support the longterm freeloaders
Whos on 30 - 40% tax??
Cut and paste ATO:
Individual income tax rates
Residents
These rates apply to individuals who are Australian residents for tax purposes (see Residency - what you need to know for more information).
Tax rates 2012-13
The following rates for 2012-13 apply from 1 July 2012.
Taxable income
Tax on this income
0 - $18,200
Nil
$18,201 - $37,000
19c for each $1 over $18,200
$37,001 - $80,000
$3,572 plus 32.5c for each $1 over $37,000
$80,001 - $180,000
$17,547 plus 37c for each $1 over $80,000
$180,001 and over
$54,547 plus 45c for each $1 over $180,000
Youve got to be earning over $80K to get above 35% and thats only for each dollar over that amount
