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This was posterd on the ABC today.
The Taxation Institute of Australia says new research revealing four out of 10 families are not paying tax shows the need for reforming the system.
Figures from the Melbourne Institute of Applied Economic and Social Research published today in News Limited papers show 42 per cent of families are paying no net tax.
This is due to the increase in Government benefits in recent years that offset the income tax paid.
No wonder Rudd is trying to suck more tax from us. 1/2 the population is living off our tax!
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E90 M3 | DCT | EDC | M-drive | AW | 19's
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E46 320i
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