“Millionaires paid an average of $219,000 to avoid paying income tax in 2020-21.”

Headline: 66 people earned an average of $14.5 million in 2020-21. None of them paid a cent in tax to the ATO

https://www.abc.net.au/news/2023-06-09/australian-taxation-office-millionaires-paid-no-income-tax-20-21/102456224

#capitalism #TaxDeductions #ThePoorPayMore

RT @chrishendel: "Over the past two years, @propublica has documented the many ways that the ultrawealthy avoid #taxes.

The biggest or most daring maneuvers scale in the billions of dollars..."

by @paulkiel
https://t.co/IPxYFM6eqy
#taxdeductions

If you support a spouse, common-law partner or even a non-related individual with a physical or mental impairment you might be eligible for a non-refundable tax credit. #Benefits #taxdeductions #taxdeductible #caregiver
https://youtu.be/AbbpMvD9fPs

ATO ends special COVID working-from-home tax deduction

#COVID19Aus #WFH #TaxDeductions

Source: https://www.afr.com/wealth/tax/ato-ends-special-covid-working-from-home-tax-deduction-20230216-p5cl5v

I wonder how much Trump has claimed for hairspray on his #taxdeductions