@ISIDEWITHQuestionseconomyStarted 11yrs agoActive 1 day ago

Should the government raise taxes on the rich?

The top income tax bracket in Australia includes all incomes over $181,000 and is taxed between 30.3% and 45%. Individuals making $180,000 are taxed $65,000 plus $.45 for each $1 earned over $180,000. An individual making more than $500,000 would pay a tax rate of 59% in Australia, 57% in the UK, 60% in the US and 73% in Brazil.

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Answer Overview

Response rates from 674 Libertarianism voters.

32%
Yes
63%
No
22%
Yes
49%
No
10%
Lower the income tax rate and remove all existing tax loopholes for large corporations
7%
Reform to a flat tax
0%
Yes, and raise taxes on all income brackets
6%
No, but lower taxes for the poor
1%
No, keep the current tax structure

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Other Popular Answers

Unique answers from Libertarianism voters whose views went beyond the provided options.

 @4VPG4NVfrom Victoria  answered…4yrs4Y

How do you determine rich? Its not about salary really is it. The filthy rich do not receive standard pay and wages as normal workers do. It's these people that must be taxed and that includes all they receive and spend as corporate expenses . The normal worker gets taxed on perks and allowances. The filthy rich get away without any issue on their perks and out of pockets!

 @4SZP3NVfrom Victoria  answered…4yrs4Y

Yes, but also take into consideration the number of children supported in the household

 @9K8PHGNanswered…12mos12MO

Taxes should vary based on income/tax bracket. The rich will naturally be paying more than those in lower tax brackets. The rich should not receive additional tax increases.

 @B2S79SFanswered…1 day1D

keep current variable tax rate and remove all existing tax loopholes for large corporations and mining companies.

 @B2M2C6Lanswered…1wk1W

I believe large corporations should pay more tax however I understand it's not as simple as increasing tax rates. There are lots of tax evasion loopholes and if you increase tax brackets too much, corporations can do business elsewhere.

 @B2L57SDanswered…1wk1W

Raise the tax rate on over $200,000 but lower the rate for those earning through multiple income sources

 @B2J5P8Hanswered…2wks2W

I believe the exeptionally wealthy who are not contributing to society should be taxed heavily, if they donate to public works they should receive lower taxes

 @B2CRG6Danswered…4wks4W

Abolish tax under 150k and raise threshold yearly with cpi. Start bottom bracket at 150k and raise to next bracket at 250 then top bracket at 500K double the gst but keep protection of basic goods and services. (Non processed food, medical, essential insurance, disability aids etc)

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 @ISIDEWITH submitted…6mos6MO

War crime tourists pay $3,000 to see Ukraine’s horror

War Tours, pays a wage to its tour guides – who are refugees themselves – and regularly donates funds to the war effort. But some of his competitors appear to be raking in the cash: one week-long “war tour” package reportedly offered to tourists comes with a £3,000 price tag. Clients are from the US, Britain or “small European countries”, he says, and interest in tours has risen this summer. “I think they deserve to see what’s happening here because their governments support Ukraine, and they pay for that with their taxes,” he says, adding “people have a right to know how their money is spent.” It would seem that the Ukrainian government is also keen to attract visitors. In March, the country announced a campaign to attract tourists, saying it had the infrastructure and hotels to welcome foreign travellers, albeit when the war was over. “Any money that people will spend in Ukraine will help the economy to recover,” said tourism boss Mariana Oleskiv. More than 70,000 people visited the disaster-ravaged area in 2021, with numbers peaking at almost 125,000 in 2019, three years before the war broke out.“People are interested in seeing Bucha because it’s evidence of Russian aggression in their own eyes, rather than just through the media,” he explains. But “they also wanted to see destroyed Russian vehicles, and the different kinds of drones used by both sides, as well as the famous exhibitions in Kyiv”.

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