My idea is that even though I think the current taxation system is good for low income earners, I would like to modify this a little further. This idea does mainly involve the federal government to change their economic policy.

Income Tax Threshold- According to Me (Please note I am no expert in this field, I just feel if we can tax the super wealthy and distribute that income to poorer families, we can reduce poverty and inequality) $0- $20,000= no tax $20,001- $50,000= 18-19c per dollar earned above $50,001- $80,000= 28-30c per dollar earned above $80,001- $150,000= 36-39c per dollar earned above $150,001- $600,000= 43-45c per dollar earned above $600,001+= 48-50c per dollar earned above.

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