Monday 4 August 2014

Smokin Sloppy Joe reckons rich are overtaxed :s

Good grief:
".....higher income households pay half their income in tax, low income households pay virtually no tax,” he told Channel Nine’s Today Show. more
This in response to the stats that have been around for a while now after the budget, but have been released via Treasury modelling before the budget was released showing the budget was going to be costing way more to low income households than high ones. Sloppy Joe is actually claiming the poor dear rich people already pay bazillions in tax and it's not fair of them to have them pay more. 

He is seriously that stupid and out of touch with what thousands of Australians are going through every week. That those of us too poor to even get past the tax free threshold, on our ass poor, should take more of a tax burden as the rich he reckons pay half their income in tax (which is bullshit BTW). He actually seems to think it's OK for the poor to be forced into impossible poverty so that the rich can celebrate a few more dollars in their hand.

Man this guy has lost the fuckin plot. Is he an Australian or a US Tea Party infiltrator FFS? This kind of idiocy doesn't belong here. Sloppy Joe's now like some crazy zealot preaching to people who've stopped listening months ago. Chucking tantrums when no one listens.

BTW, to illustrate the fact that the well off tax rates are not half their tax, may I present the current tax rates for this financial year:


Notice that those who pay "half their income in tax" are only those that earn over $180,000 and the "half" only applies to earnings over that amount. In fact the rate above $180,000 isn't even half, it's only 45%. Even when adding the 2% Medicare levy, that's still only 47%. 

So Sloppy Joe's statement that "higher income households pay half their income in tax" is a complete lie. According to the tax tables there for all to see, if a house earns $180,001 they will pay just $54,547 tax on that. Way way less than half, and not including the many tax breaks the well off seem to have access to. 

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