Gday Marc
Quote:
Taxed at 45c in a dollar? You bet she does.
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Not many families where the wife earns that sort of money pay full tax,
as they can afford to get around the edges via clever accountants.
What would be nicer is if it was based on say an average declared "taxable income" over the preceding 2 years, vs current pre tax "salary".
That said, i still dont see why i should be paying to directly support the kids of people on that sort of income.
If the govt really wants to do something, make having kids cheaper.
Andrew