A “fair” tax system

Last week a Labor politician described a single tax rate for $40k and $120k as unfair. When it comes to income tax, what is fair? It turns out that a “fair” tax system is not what we want anyway.
Last week a Labor politician described a single tax rate for $40k and $120k as unfair. When it comes to income tax, what is fair? It turns out that a “fair” tax system is not what we want anyway.