Hi,

I’m new here and was reading thriough my first topic and lo and behold I read a post that could have come directly off my keyboard. I agree with Monkey Magic that we chose to be poor just as surely as we choose to be rich and just because I work hard, save and invest my money why should I be taxed at a higher rate.

I believe the top tax rate should be closer to $100000. It really angers me that federal and state governments are in surplus yet we still must pay stamp duty and GST and land tax and rates that go up every year but our tax rates are altered by a few dollars only every five years or more.

Back to the point of rich and poor however I don’t wholly blame those who are poor as they don’t know any better. What should be done is financial freedom should be taught in schools from an early age and children should be taught to save and not rely on credit.

Remember “the Richest Man in Babylon” Why can’t Australia be the “Babylon” of the 21st Century. Just imagine the power we could be. We are already the “lucky country” why not the richest as well.

Sorry to write such a deep post but does anybody agree with me?[]

There are basically three types of people.
Those that do.
Those that watch and
the ones that say “what the hell was that”