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Shocking and revealing video.
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From Wiki: Main article: Income tax in Australia Since 1942, income tax in Australia has been collected solely by the Federal Government, to the exclusion of the Australian States (see Constitutional basis of taxation in Australia). Australia uses a system of progressive taxation on personal income that is collected as a pay-as-you-go tax (known as PAYG), a flat rate tax on business income (company tax), and a property tax limited to realised capital gains. Australias income tax system contains a complex array of deductions and offsets, and is administered by the Australian Taxation Office. LOL complex enough to make you want to think exactly what is teh purpose of taxing your work income? Seriously though, you agree with the employer that you will earn $50,000 but it turns out to be after tax like 45k......how is that justifiable? These are the real problems of our world guys.......
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