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Australia's Tax System is BROKEN - Why You're Getting Robbed on Every Dollar You Earn
Australia's tax system is out of control, and it's time we talked about it.
In this video, I break down exactly how the Australian government taxes the same dollar multiple times - from income tax to GST, stamp duty, capital gains tax, and even the hidden tax of money printing that's destroying your purchasing power.
We'll talk about:
- How the same dollar get's taxed multiple times
- The insane proposal to tax "unrealized gains" (money you haven't even made yet!)
- How inflation robs you of your savings
- How this current system punishes success and destroys creativity
- Why this system kills entrepreneurship and keeps people dependent on jobs
Every financial decision you make - earning, spending, investing, buying property - gets hit with multiple taxes.
It's not just about the money, it's about your freedom to build wealth and take control of your financial future.
Compared to countries like Singapore and parts of the US, Australia seems determined to punish success rather than reward it.
What do you think? Are Australian taxes fair, or have they gone too far? Let me know in the comments!
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