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RE: TEAMAUSTRALIA: Weekly Challenge #1 - Prize: 5 SBD

in #teamaustralia7 years ago

I think the tax system should be in a block chain open ledger type of format, where everyone could somehow see, not necessarily what everyone else paid, but mainly where the tax money goes and what it is used to pay for. I think there should be a little more transparency on the spending of the communities money. It would probably even lower taxes in the long run by reducing (or eliminating) waste, fraud, mismanagement etc.

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Nowadays when you get your return the ATO sends along a shitty little graphic stating very broadly where most of your income tax goes. And its over 30% to welfare from memory