this post was submitted on 23 Jul 2025

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The biggest voices need to admit Australia is a low-taxing nation before joining the economic reform conversation (www.theguardian.com)

submitted 1 year ago by Davriellelouna@lemmy.world to c/australia@aussie.zone

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[–] ultranaut@lemmy.world 10 points 1 year ago

Taxes like that typically apply only to money beyond the limit so if you hit 3 million and a dollar you would be paying 95 cents in tax on that dollar only.

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