https://padlet.com/jfalconer13_1/ch6e30o3eedikx87 en-us 2022-11-23 21:42:39 UTC 2025-10-13 00:15:23 UTC hello@padlet.com https://padlet.com/jfalconer13_1/ch6e30o3eedikx87/wish/2396050375 income tax is tax imposed on people based on their income or earnings. ]]> 2022-11-23 22:12:43 UTC https://padlet.com/jfalconer13_1/ch6e30o3eedikx87/wish/2396050375 https://padlet.com/jfalconer13_1/ch6e30o3eedikx87/wish/2396050685 Income tax is the tax you pay in your average income.

]]> 2022-11-23 22:13:25 UTC https://padlet.com/jfalconer13_1/ch6e30o3eedikx87/wish/2396050685 https://padlet.com/jfalconer13_1/ch6e30o3eedikx87/wish/2396050747 Income tax is tax charged by the government due to your income.]]> 2022-11-23 22:13:37 UTC https://padlet.com/jfalconer13_1/ch6e30o3eedikx87/wish/2396050747 https://padlet.com/jfalconer13_1/ch6e30o3eedikx87/wish/2396050824 Income tax is tax forced on people due to their income or earnings.]]> 2022-11-23 22:13:48 UTC https://padlet.com/jfalconer13_1/ch6e30o3eedikx87/wish/2396050824 https://padlet.com/jfalconer13_1/ch6e30o3eedikx87/wish/2396050889 Income tax is a payment made by people to the government, based on their taxable income.]]> 2022-11-23 22:13:59 UTC https://padlet.com/jfalconer13_1/ch6e30o3eedikx87/wish/2396050889 https://padlet.com/jfalconer13_1/ch6e30o3eedikx87/wish/2396050894 Income tax is the type of tax that is charged based on your income. ]]> 2022-11-23 22:13:59 UTC https://padlet.com/jfalconer13_1/ch6e30o3eedikx87/wish/2396050894 https://padlet.com/jfalconer13_1/ch6e30o3eedikx87/wish/2396050988 Income tax is a way for governments to fund community services such as roads, hospitals, and more. 

Governments generate revenue from income taxes. They are used to pay for government obligations, fund public services, and provide goods to citizens. 

In addition to the federal government, many states and local governments require income tax payment.

The amount of tax you need to pay depends on your income. A person who earns $80 000 annually would need to pay less income tax than a person who earns $250 000 annually.]]> 2022-11-23 22:14:10 UTC https://padlet.com/jfalconer13_1/ch6e30o3eedikx87/wish/2396050988 https://padlet.com/jfalconer13_1/ch6e30o3eedikx87/wish/2396051046 In Australia, tax money is used for health care and education.]]> 2022-11-23 22:14:19 UTC https://padlet.com/jfalconer13_1/ch6e30o3eedikx87/wish/2396051046 https://padlet.com/jfalconer13_1/ch6e30o3eedikx87/wish/2396051189 the government uses tax to invest in technology, income, developments, goods and health services, hospital visits, and other things supporting the economy or public. ]]> 2022-11-23 22:14:40 UTC https://padlet.com/jfalconer13_1/ch6e30o3eedikx87/wish/2396051189 52001_10_1 https://padlet.com/jfalconer13_1/ch6e30o3eedikx87/wish/2396051236 Income tax is the tax you pay depending on your average income]]> 2022-11-23 22:14:45 UTC https://padlet.com/jfalconer13_1/ch6e30o3eedikx87/wish/2396051236 https://padlet.com/jfalconer13_1/ch6e30o3eedikx87/wish/2396051394 used for infrastructure, education, health care, ]]> 2022-11-23 22:15:06 UTC https://padlet.com/jfalconer13_1/ch6e30o3eedikx87/wish/2396051394 https://padlet.com/jfalconer13_1/ch6e30o3eedikx87/wish/2396051435 An income tax is charged by the govenrment based on how much you earn]]> 2022-11-23 22:15:13 UTC https://padlet.com/jfalconer13_1/ch6e30o3eedikx87/wish/2396051435 5018510 https://padlet.com/jfalconer13_1/ch6e30o3eedikx87/wish/2396051529 Income tax is tax you have to pay to the government based upon how much your income is.]]> 2022-11-23 22:15:27 UTC https://padlet.com/jfalconer13_1/ch6e30o3eedikx87/wish/2396051529 https://padlet.com/jfalconer13_1/ch6e30o3eedikx87/wish/2396051615 There are different rates for people paying tax because everyone has a different income. A millionaire won't have to pay the same tax as someone who works minimum wage. ]]> 2022-11-23 22:15:41 UTC https://padlet.com/jfalconer13_1/ch6e30o3eedikx87/wish/2396051615 https://padlet.com/jfalconer13_1/ch6e30o3eedikx87/wish/2396051681 Tax money is used for important government roles within communities.]]> 2022-11-23 22:15:51 UTC https://padlet.com/jfalconer13_1/ch6e30o3eedikx87/wish/2396051681 588602 https://padlet.com/jfalconer13_1/ch6e30o3eedikx87/wish/2396051744 income tax is a tax that the government charges you based on your average annual income]]> 2022-11-23 22:15:58 UTC https://padlet.com/jfalconer13_1/ch6e30o3eedikx87/wish/2396051744 https://padlet.com/jfalconer13_1/ch6e30o3eedikx87/wish/2396051753 Income tax is a tax on someone's income, it varies depending on people's income ]]> 2022-11-23 22:16:00 UTC https://padlet.com/jfalconer13_1/ch6e30o3eedikx87/wish/2396051753 https://padlet.com/jfalconer13_1/ch6e30o3eedikx87/wish/2396051793 In Australia, tax money is used to pay for running the country including Australia's defence force, national parks, interstate transportation, and pension payments. It is also used for education, health care, and infrastructure.]]> 2022-11-23 22:16:05 UTC https://padlet.com/jfalconer13_1/ch6e30o3eedikx87/wish/2396051793 https://padlet.com/jfalconer13_1/ch6e30o3eedikx87/wish/2396051852 This is the criteria to claim a deduction for work related expense:
1. You must have spent the money yourself and weren't reimbursed.
2. The expenses must directly relate to earning your income.
3. You must have a record to prove it (usually a receipt).

Examples of claimable deductions include: 
- those related to mortgage interest
- retirement plan contributions
- student loans]]> 2022-11-23 22:16:11 UTC https://padlet.com/jfalconer13_1/ch6e30o3eedikx87/wish/2396051852 52001_10_1 https://padlet.com/jfalconer13_1/ch6e30o3eedikx87/wish/2396052070 The government uses tax to pay for healthcare, education, infrastructure, military and all government funded things]]> 2022-11-23 22:16:41 UTC https://padlet.com/jfalconer13_1/ch6e30o3eedikx87/wish/2396052070 https://padlet.com/jfalconer13_1/ch6e30o3eedikx87/wish/2396052146 The government uses tax to build infrastructure like hospitals and school. Governments invest in healthcare and technology to better society. People who pay higher tax often benefit with new roads etc.]]> 2022-11-23 22:16:51 UTC https://padlet.com/jfalconer13_1/ch6e30o3eedikx87/wish/2396052146 https://padlet.com/jfalconer13_1/ch6e30o3eedikx87/wish/2396052224 People have different rates for their incomes because then you will pay a fair ratio to everyone else.]]> 2022-11-23 22:17:03 UTC https://padlet.com/jfalconer13_1/ch6e30o3eedikx87/wish/2396052224 https://padlet.com/jfalconer13_1/ch6e30o3eedikx87/wish/2396052233 the government uses it for the nation such as army, public facilities, roads etc.]]> 2022-11-23 22:17:04 UTC https://padlet.com/jfalconer13_1/ch6e30o3eedikx87/wish/2396052233 https://padlet.com/jfalconer13_1/ch6e30o3eedikx87/wish/2396052238 Tax rates can vary a lot between different people, because the higher your wage is, the higher amount your percent would be for tax.]]> 2022-11-23 22:17:04 UTC https://padlet.com/jfalconer13_1/ch6e30o3eedikx87/wish/2396052238 588602 https://padlet.com/jfalconer13_1/ch6e30o3eedikx87/wish/2396052343 Tax money is used for education, infrastructure and healthcare. It is also used to pay for Australia's defence forces, transportation and pension. ]]> 2022-11-23 22:17:19 UTC https://padlet.com/jfalconer13_1/ch6e30o3eedikx87/wish/2396052343 https://padlet.com/jfalconer13_1/ch6e30o3eedikx87/wish/2396052365 2022-11-23 22:17:24 UTC https://padlet.com/jfalconer13_1/ch6e30o3eedikx87/wish/2396052365 3743020 https://padlet.com/jfalconer13_1/ch6e30o3eedikx87/wish/2396052384 Income tax is tax that has to be paid to the government based on your personal income.]]> 2022-11-23 22:17:25 UTC https://padlet.com/jfalconer13_1/ch6e30o3eedikx87/wish/2396052384 https://padlet.com/jfalconer13_1/ch6e30o3eedikx87/wish/2396052442 Someone who makes 50 billion dollars a year will pay a different tax than someone who pays 1 dollar a year. hehehe]]> 2022-11-23 22:17:33 UTC https://padlet.com/jfalconer13_1/ch6e30o3eedikx87/wish/2396052442 https://padlet.com/jfalconer13_1/ch6e30o3eedikx87/wish/2396052579 Tax rates change often due to inflation. Additionally, if your salary changes you will need to pay more/less tax depending on the change.

Furthermore, the tax rate may change if the economic situation in a country changes. If a country needs more money, the government will demand more taxes.

The tax rates may also change as a result of national disasters (eg. a war, a flood, etc.) The government may need to repair more infrastructure/public services and as a result, will demand more taxes from citizens to repair infrastructure.]]> 2022-11-23 22:17:55 UTC https://padlet.com/jfalconer13_1/ch6e30o3eedikx87/wish/2396052579 https://padlet.com/jfalconer13_1/ch6e30o3eedikx87/wish/2396052618 The government uses tax money for three main things, healthcare, such as medicare and hospitals, social security and defence and security. ]]> 2022-11-23 22:18:00 UTC https://padlet.com/jfalconer13_1/ch6e30o3eedikx87/wish/2396052618 https://padlet.com/jfalconer13_1/ch6e30o3eedikx87/wish/2396052648 deduction is when you can claim back money you spent because of work. This could be a work uniform. ]]> 2022-11-23 22:18:03 UTC https://padlet.com/jfalconer13_1/ch6e30o3eedikx87/wish/2396052648 https://padlet.com/jfalconer13_1/ch6e30o3eedikx87/wish/2396052751 Are taxes always a set amount or is it dependent on how much you earn? Is it always 30% or something?

Here are the rates: https://www.ato.gov.au/rates/individual-income-tax-rates/
You pay based on how much you earn, but not a flat percentage, it's a sliding scale

]]> 2022-11-23 22:18:18 UTC https://padlet.com/jfalconer13_1/ch6e30o3eedikx87/wish/2396052751 5018510 https://padlet.com/jfalconer13_1/ch6e30o3eedikx87/wish/2396052846 The government uses the tax we pay to fund community services such as health care, education and emergency services.]]> 2022-11-23 22:18:32 UTC https://padlet.com/jfalconer13_1/ch6e30o3eedikx87/wish/2396052846 https://padlet.com/jfalconer13_1/ch6e30o3eedikx87/wish/2396052917 People with different income have different rates because then there is a fair ratio of money being payed by everyone and people who can not afford to pay so much money will not have to.]]> 2022-11-23 22:18:42 UTC https://padlet.com/jfalconer13_1/ch6e30o3eedikx87/wish/2396052917 https://padlet.com/jfalconer13_1/ch6e30o3eedikx87/wish/2396052980 Tax rates can change because of inflation. If your salary changes you will also need to pay more or less tax depending on your new pay. ]]> 2022-11-23 22:18:52 UTC https://padlet.com/jfalconer13_1/ch6e30o3eedikx87/wish/2396052980 3743020 https://padlet.com/jfalconer13_1/ch6e30o3eedikx87/wish/2396053064 TAX MONEY IS USED FOR techNOLOGY, EDUCATION]]> 2022-11-23 22:19:03 UTC https://padlet.com/jfalconer13_1/ch6e30o3eedikx87/wish/2396053064 https://padlet.com/jfalconer13_1/ch6e30o3eedikx87/wish/2396053285 how much is the fine if you don't pay tax? why is it a certain percentage and who decided that percentage? why do you need to do all of this for working?]]> 2022-11-23 22:19:36 UTC https://padlet.com/jfalconer13_1/ch6e30o3eedikx87/wish/2396053285 https://padlet.com/jfalconer13_1/ch6e30o3eedikx87/wish/2396053352 Deduction is when you get back money spent due your work. For example, if a builder bought 30 bricks for their work, they would get deduction.]]> 2022-11-23 22:19:46 UTC https://padlet.com/jfalconer13_1/ch6e30o3eedikx87/wish/2396053352 https://padlet.com/jfalconer13_1/ch6e30o3eedikx87/wish/2396053496 Deduction is money that you claim back because you spent it on work. For example, work supplies.]]> 2022-11-23 22:20:06 UTC https://padlet.com/jfalconer13_1/ch6e30o3eedikx87/wish/2396053496 https://padlet.com/jfalconer13_1/ch6e30o3eedikx87/wish/2396053536 Tax rates can change due to inflation or deflation within the government, and if your salary rises you will need to pay more tax.]]> 2022-11-23 22:20:13 UTC https://padlet.com/jfalconer13_1/ch6e30o3eedikx87/wish/2396053536 https://padlet.com/jfalconer13_1/ch6e30o3eedikx87/wish/2396053550 Global situations and economical status can vary year to year. For example, Australia has been experiencing heavy flooding and disaster relief has been claimed by many people. This relief is exempt from income tax.

Inflation also has a profound impact on the tax rates of the respective year. The economic status of a region may change, causing the government to either raise or lower the rates to facilitate a change. ]]> 2022-11-23 22:20:14 UTC https://padlet.com/jfalconer13_1/ch6e30o3eedikx87/wish/2396053550 https://padlet.com/jfalconer13_1/ch6e30o3eedikx87/wish/2396053614 Deductions are when you can claim money for work. For example, student loans are a deduction. ]]> 2022-11-23 22:20:22 UTC https://padlet.com/jfalconer13_1/ch6e30o3eedikx87/wish/2396053614 https://padlet.com/jfalconer13_1/ch6e30o3eedikx87/wish/2396053665 I need to just know more information about tax in general.]]> 2022-11-23 22:20:29 UTC https://padlet.com/jfalconer13_1/ch6e30o3eedikx87/wish/2396053665 https://padlet.com/jfalconer13_1/ch6e30o3eedikx87/wish/2396053838 Deduction is money which you can earn back due to work.]]> 2022-11-23 22:20:53 UTC https://padlet.com/jfalconer13_1/ch6e30o3eedikx87/wish/2396053838 5018510 https://padlet.com/jfalconer13_1/ch6e30o3eedikx87/wish/2396053873 There are different tax rates for different incomes so that there is a fair ratio being taxed among all brackets. If two people earning $20,000 and $200,000 respectively, it wouldn't be fair if they were paying the exact same amount in taxes.]]> 2022-11-23 22:20:58 UTC https://padlet.com/jfalconer13_1/ch6e30o3eedikx87/wish/2396053873 https://padlet.com/jfalconer13_1/ch6e30o3eedikx87/wish/2396054072 Tax rates frequently change due to inflation. When a salary changes, tax will be increased or decreased depending on the new salary.]]> 2022-11-23 22:21:27 UTC https://padlet.com/jfalconer13_1/ch6e30o3eedikx87/wish/2396054072 https://padlet.com/jfalconer13_1/ch6e30o3eedikx87/wish/2396054171 what if you didn't pay tax and got a fine but the fine was less than the tax? (hypothetical)
does that mean you save money?
is it possible?


[edit: the government probably doesn't actually do that since then everybody would realise that they can save money :D]]]> 2022-11-23 22:21:42 UTC https://padlet.com/jfalconer13_1/ch6e30o3eedikx87/wish/2396054171 https://padlet.com/jfalconer13_1/ch6e30o3eedikx87/wish/2396054312 There are different rates for people paying taxes based on their income. For example, someone earning more money would pay more tax than someone earning less money. ]]> 2022-11-23 22:22:03 UTC https://padlet.com/jfalconer13_1/ch6e30o3eedikx87/wish/2396054312 https://padlet.com/jfalconer13_1/ch6e30o3eedikx87/wish/2396054332 I need to know more about taxes in general and how they will effect my everyday life.]]> 2022-11-23 22:22:06 UTC https://padlet.com/jfalconer13_1/ch6e30o3eedikx87/wish/2396054332 https://padlet.com/jfalconer13_1/ch6e30o3eedikx87/wish/2396054546 are the deadlines for taxes the same for everyone

End of financial year is June 30 and we have until October 31 to file our tax return. 
OR apparently if we do our tax through an agent we have until May the following year - just discovered that then! 
https://www.bmtqs.com.au/bmt-insider/october-31-self-lodge-tax-return/#:~:text=What%20is%20the%20October%2031,to%20lodge%20your%20tax%20return.]]> 2022-11-23 22:22:38 UTC https://padlet.com/jfalconer13_1/ch6e30o3eedikx87/wish/2396054546 https://padlet.com/jfalconer13_1/ch6e30o3eedikx87/wish/2396054649 Tax rates change depending on inflation and depression. ]]> 2022-11-23 22:22:55 UTC https://padlet.com/jfalconer13_1/ch6e30o3eedikx87/wish/2396054649 https://padlet.com/jfalconer13_1/ch6e30o3eedikx87/wish/2396054657 Tax Rates change every year because it helps dampen inflation. ]]> 2022-11-23 22:22:57 UTC https://padlet.com/jfalconer13_1/ch6e30o3eedikx87/wish/2396054657 3743020 https://padlet.com/jfalconer13_1/ch6e30o3eedikx87/wish/2396054762 There are different tax rates for different incomes because someone with a lot higher wage wouldn't pay the same wage as someone with a lower wage because it wouldn't be fair. ]]> 2022-11-23 22:23:12 UTC https://padlet.com/jfalconer13_1/ch6e30o3eedikx87/wish/2396054762 https://padlet.com/jfalconer13_1/ch6e30o3eedikx87/wish/2396054962 why cant everyone just be paid in cash? the government has money printing machine things, why do they need our money?

Eek! I wouldn't want my life savings in a shoebox under my bed - what if I get robbed?!
Also, if money is in the bank it earns interest so can grow with inflation.]]> 2022-11-23 22:23:39 UTC https://padlet.com/jfalconer13_1/ch6e30o3eedikx87/wish/2396054962 https://padlet.com/jfalconer13_1/ch6e30o3eedikx87/wish/2396055342 why doesn't the government just withhold payment and then we don't have to pay taxes? can't they just be smarter with their money?

They do! Workplaces send the ATO a portion of every paycheck - but sometimes we pay too much or too little and have to even it up at end of financial year.]]> 2022-11-23 22:24:33 UTC https://padlet.com/jfalconer13_1/ch6e30o3eedikx87/wish/2396055342 https://padlet.com/jfalconer13_1/ch6e30o3eedikx87/wish/2396055348 how much tax would i need to not pay to go to jail :/

Good question - I'm not sure, but if it's an honest mistake you can work with the ATO to set up a payment plan.
https://www.ato.gov.au/general/paying-the-ato/if-you-don-t-pay/]]> 2022-11-23 22:24:34 UTC https://padlet.com/jfalconer13_1/ch6e30o3eedikx87/wish/2396055348 https://padlet.com/jfalconer13_1/ch6e30o3eedikx87/wish/2396055763 is it easy to keep track of tax - how long has to be spent each year making sure it's up to date and not fraudulent

Most stuff is automatic eg. salary, interest, share dividends. The annoyance is keeping receipts to keep track of claimable deductions. I take photos of mine and put them all in a onenote folder so it's all easy to locate :)]]> 2022-11-23 22:25:28 UTC https://padlet.com/jfalconer13_1/ch6e30o3eedikx87/wish/2396055763 52001_10_1 https://padlet.com/jfalconer13_1/ch6e30o3eedikx87/wish/2396055809 There are different tax rates for people making larger amounts of money to make sure that it is fair the amount of money they are left with]]> 2022-11-23 22:25:34 UTC https://padlet.com/jfalconer13_1/ch6e30o3eedikx87/wish/2396055809 https://padlet.com/jfalconer13_1/ch6e30o3eedikx87/wish/2396056420 do you get taxed for shares or investments?

Yes, you must pay tax on any income, including bank interest, rental income, and dividends from shares. 
https://www.ato.gov.au/Individuals/Investments-and-assets/Investing-in-shares/

Investments are slightly different - when you sell the asset you pay capital gains tax on the profit you made.
https://www.ato.gov.au/Individuals/Capital-gains-tax/]]> 2022-11-23 22:26:54 UTC https://padlet.com/jfalconer13_1/ch6e30o3eedikx87/wish/2396056420 5018510 https://padlet.com/jfalconer13_1/ch6e30o3eedikx87/wish/2396056491 Deductions are when you are able to claim money back from taxes due to circumstances such as having to buy something for work. The reason this is valid is because you are not buying anything personal, but buying something for your job. If your salary is $50,000 and you spent $2,000 on a uniform (even though uniforms aren't that expensive), then your salary is technically $48,000, therefore less tax.]]> 2022-11-23 22:27:04 UTC https://padlet.com/jfalconer13_1/ch6e30o3eedikx87/wish/2396056491 https://padlet.com/jfalconer13_1/ch6e30o3eedikx87/wish/2396056695 Different citizens pay different amounts of taxes. The amount of tax paid depends on the income a person earns. A person earning $80 000 annually pays less tax than a person earning $250 000 annually.

This is because the rates change since you may not be able to afford to be able to pay tax if you earn less than someone who earns a lot.

Additionally, this system makes it much fairer for everyone and ensures there is less of a chance of poverty due to tax paying for individuals with a lower salary.]]> 2022-11-23 22:27:28 UTC https://padlet.com/jfalconer13_1/ch6e30o3eedikx87/wish/2396056695 https://padlet.com/jfalconer13_1/ch6e30o3eedikx87/wish/2396057021 do you have to pay a tax when you win the lottery?

Good question!
Not in Aus :) but you have to pay tax on bank interest earnt in subsequent years.
In the US, lottery winnings are taxed.]]> 2022-11-23 22:28:05 UTC https://padlet.com/jfalconer13_1/ch6e30o3eedikx87/wish/2396057021 https://padlet.com/jfalconer13_1/ch6e30o3eedikx87/wish/2396057454 why does the government need MY money. i worked for it not them. they can just print more money. unfair system.
why does money even exist :(

Imagine what a nightmare it would be getting everyone to pool their money together every time a road needs repairing. And is it really fair if people aren't given the same opportunities in life (eg education) just because they weren't born into a wealthy family?]]> 2022-11-23 22:29:02 UTC https://padlet.com/jfalconer13_1/ch6e30o3eedikx87/wish/2396057454 5018510 https://padlet.com/jfalconer13_1/ch6e30o3eedikx87/wish/2396057564 Tax rates mostly change due to inflation in the economy. Your tax rate can also change because your salary has increased and you are now in a different tax bracket.]]> 2022-11-23 22:29:18 UTC https://padlet.com/jfalconer13_1/ch6e30o3eedikx87/wish/2396057564 https://padlet.com/jfalconer13_1/ch6e30o3eedikx87/wish/2396057727 A deduction to taxable income is a claim that you can use to pay less tax. Some things that you can claim to get a deduction include those related to mortgage interest and student loans. ]]> 2022-11-23 22:29:43 UTC https://padlet.com/jfalconer13_1/ch6e30o3eedikx87/wish/2396057727 https://padlet.com/jfalconer13_1/ch6e30o3eedikx87/wish/2396057834 who invented taxs]]> 2022-11-23 22:29:58 UTC https://padlet.com/jfalconer13_1/ch6e30o3eedikx87/wish/2396057834 5018510 https://padlet.com/jfalconer13_1/ch6e30o3eedikx87/wish/2396058207 How much is the fine if I don't pay taxes?]]> 2022-11-23 22:30:54 UTC https://padlet.com/jfalconer13_1/ch6e30o3eedikx87/wish/2396058207 https://padlet.com/jfalconer13_1/ch6e30o3eedikx87/wish/2396058233 Different people pay different rates depending on their income, the higher the income the more you will be taxed. This is so that everyone has enough money to live and the money can go to those who need it most. This is also so richer people do not overcapitalise and everyone can have access to basic benefits. ]]> 2022-11-23 22:30:59 UTC https://padlet.com/jfalconer13_1/ch6e30o3eedikx87/wish/2396058233 https://padlet.com/jfalconer13_1/ch6e30o3eedikx87/wish/2396058603 Governments use money taxed from citizens for public services & projects.

For example:
- defense (15%)
- healthcare (13%)
- income security (13%)
- interest payments (6%)
- benefits for veterans (5%)
- education (3%)
- social security (24%)
- medicare (15%)
- foreign aid (~1%)
- other (~5%)]]> 2022-11-23 22:31:53 UTC https://padlet.com/jfalconer13_1/ch6e30o3eedikx87/wish/2396058603 https://padlet.com/jfalconer13_1/ch6e30o3eedikx87/wish/2396059161 can homeless people get pension when they get old?

I believe so... https://www.servicesaustralia.gov.au/how-much-age-pension-you-can-get?context=22526]]> 2022-11-23 22:33:08 UTC https://padlet.com/jfalconer13_1/ch6e30o3eedikx87/wish/2396059161 https://padlet.com/jfalconer13_1/ch6e30o3eedikx87/wish/2396060857 can you teach us ways to save tax money (eg. tax deductions) and how we can get the most money out of taxes

The only way to 'save' tax money is by making work-related purchases, but you end up worse off overall. Better to focus on investing your earnings (we'll look at earning interest next!)]]> 2022-11-23 22:37:01 UTC https://padlet.com/jfalconer13_1/ch6e30o3eedikx87/wish/2396060857 https://padlet.com/jfalconer13_1/ch6e30o3eedikx87/wish/2396064157 can you claim a deduction if your an influencer and need trendy stuff to earn income

Ooh good question! Maybe a grey area - I'd say yes if they bought it directly to do a review or something (but they probably get given these things for free right?!), but no if they're just wanting to be trendy]]> 2022-11-23 22:44:35 UTC https://padlet.com/jfalconer13_1/ch6e30o3eedikx87/wish/2396064157 https://padlet.com/jfalconer13_1/ch6e30o3eedikx87/wish/2396064798 does albo pay tax]]> 2022-11-23 22:46:06 UTC https://padlet.com/jfalconer13_1/ch6e30o3eedikx87/wish/2396064798