Its more than $50 id say its closer to $250 for people on a 50k salary. The HUN are
Only going by this:
How the flood levy will affect you January 27, 2011 - 1:48PM
How you will be affected:
- A levy of 0.5 per cent will apply on taxable incomes between $50,001 and $100,000.
- A levy of 1.0 per cent will apply on taxable incomes above $100,000.
- Flood victims will not pay the levy.em A person earning $60,000 a year will pay just under $1 extra per week under the levy.
- A person earning $100,000 a year will pay just under $5 extra per week under the levy.
- The levy will apply only in the 2011/12 financial year.
- It is expected to raise $1.8 billion.
What you will pay per week:
- $50,000 (income) - nil
- $55,000 - 48 cents
- $60,000 - 96 cents
- $65,000 - $1.44
- $70,000 - $1.92
- $75,000 - $2.40
- $80,000 - $2.88
- $90,000 - $3.85
- $100,000 - $4.81
- $110,000 - $6.73
- $120,000 - $8.65
- $130,000 - $10.58
- $140,000 - $12.50
- $150,000 - $14.42
- $160,000 - $16.35
- $170,000 - $18.27
- $180,000 - $20.19
- $200,000 - $24.04
AAP
Source: the age:
http://www.theage.com.au/business/how-the-flood-levy-will-affect-you-20110127-1a69i.html?rand=1296096529860 Why cant they use their own money instead of asking us to fork out money just so they look good and keep their surplus.
hate to break it to you daniel but "their" money is "our" money
They don't keep the surplus peopole will sook about that, they cut spend ing on essential items like defence, health, education people will sook about that...
It doesn't matter what they do or how they do it people aren't going to be happy it's the nature of the beast
