When one of Australia's greatest treasurers has to remind the Turnbull Government about the Liberal partys founder Sir Robert Menzies you start to wonder 






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Nobody wants to acknowledge the disadvantage of a single income family (no kids) on $100k compared to a dual income family (no kids) on $50k each. Same income but very different after tax outcome.
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Not just a higher rate, but all personal income tax is tax on gross earnings with limited deductions, companies pay tax on profits.. after rent, water, electricity, wages etc are paid for. 10% < $40k, 20% < $65k, 30% thereafter or allow joint filings
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I weep for the 'forgotten people' who are struggling to survive on a salary of $150k p.a..
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Remember the super rich people when you do the budget this year.
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