Who shall we tax next? Progressive DIRT

The government will be hard pressed to decide who to squeeze next, if you go after the poor (which we take to be people earning less than c. 25k – irrespective of knowing whether this suits them or if they have debt or not) it is politically explosive, they will have a hard time going after the elderly – who have a tendency to not take it lying down (remember the medical cards?), and those who are rich (we take as earning 100k or more p.a. irrespective of debts) have already been hit hard.

What group can you easily strike next? The simple answer is that the people who have money are the target. This doesn’t mean those who earn a lot, rather it will be against those who ‘have’ a lot. The savings rate has been steadily rising (last months 0.2% drop was the first of its kind in almost a year)

which could be due to seasonal factors or it could be …

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