robin hood robs the rich to give the poor
hood robin robs the poor to give the rich, he is hood robin
before gst rich man tax was 40% after gst is was reduced to 30%, then to 20%, now stands at 23%
corparate tax was at 40%, after gst it was reduced, now stands at 17%
estate duty was abolished on 15 feb 2008
1 tier dividend tax was introduce from 1 jan 2008
before 1 tier div tx, div flows to personal income n is taxed at personal tax bracket ie rich man is taxed at 40% while retired n jobless will get a refund if the div is less than their taxable income
after 1 tier div tax rich man get a huge discount from 40% to 17%, saving 23% while poor man who used to get a refund, now effectivel pays corrparate tx of 17% n gst, ie his tax liability has effectively increase from 0 to 17% plus gst
so after gst, rich man is saving 17% on income tax every year n 23% on div tx and ofc no longer subject to estate duty
so gas where the shortfall comes from??
but their mantra is gst is to help the poor
the highest payed pat hol ogi cal liars
















































