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So most negative gearers earn below $80,000? Well, here’s the catch

On Friday, the Australian Taxation Office, as it does every April, released the latest batch of annual taxation statistics. And as ever, the data was used in rather contorted ways to suggest the budget needed to reduce the level of taxation paid by the wealthiest and to make it seem like the richest were the ones doing it tough.

So most negative gearers earn below $80,000? Well, here’s the catch
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So most negative gearers earn below $80,000? Well, here’s the catch

The annual taxation statistics release is one of the biggest data dumps that occurs each year, and it is also one of the most poorly used.

Read the full article on The Guardian.

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