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[-] Ilovethebomb@lemmy.nz 1 points 1 year ago

Honestly, their biggest issue is there's not much wrong with our current tax system anyway. All we need to do is adjust the brackets for inflation, and perhaps tweak the rates a bit. We don't need a radical overhaul.

[-] gibberish_driftwood@lemmy.nz 2 points 1 year ago

Well I have to disagree with you on this. I think there's plenty wrong with a tax system that distorts investment markets and heavily advantages people with wealth over those without by encouraging them to stash it in property, where there are a bunch of tax loopholes.

Whatever the fix for it, I don't see how it can be fixed by tinkering with rates of income tax.

this post was submitted on 18 Jul 2023
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