My idea is to have one income tax rate across the board without any deductions for anything.
My idea would need to be taken up by a political party and bought as a bill into the Australian parliament. It would be to make everyone pay income tax of a certain amount e.g 25% across the board. It would have a tax free threshold of say 30 thousand after that you pay 25% on every dollar earned. Their would be no deductions at all for anything. So therefore if you earn 50000 you pay some tax and if you earn 2500000 thousand you pay tax. This would mean that everyone pays their fair share and the so called rich would not be able to have a whole raft of deductions so that they don't in effect pay any tax.