Monday, November 24, 2008

One of Life's Only Sureties - Taxes

I was talking to somebody the other day and they had an interesting point of view on Australia's Tax System.

He said that the system doesn't make sense to him - if you do the right thing, and work very hard, the Government takes heaps of your money. If you do the wrong thing, the Government rewards you by giving you money for free (the dole).

In the same way, if you do the right thing, and work hard during your life, and put money into your superannuation, the Government won't care, and taxes you on it. If you do the wrong thing, and don't save for your future, the Government will reward you by providing a pension.

Food for thought huh?

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