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Top-earning Australians make money very differently from typical workers (www.abc.net.au)
submitted 6 months ago by to c/australia@aussie.zone
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I find it very hard not to feel angry about the unfairness, and intransigence of the wealthy in this country.

Why should I work so hard, to get so little, when these people have a leg up on everything. And I don't count myself as that bad off, in fact I'm, overall, goin pretty well.

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[–] -1 points 6 months ago

Your uncle who makes 100k per week through properties would mostly receive that as income from rent. Unless he's selling a property every week. Income from rent is taxed the same as your income from your job. There is no CGT discount on income.

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