The forgotten people of the Australian federal election

Working people aged over 50 and small business owners are the forgotten people as far as the Liberal and Labor parties are concerned. 

The over 50's are forgotten when it comes to middle class welfare . Forgotten when it comes to assistance with retirement. Forgotten when it comes to handing out billions in election bribes in the forthcoming federal election.

Many in this age bracket have worked hard all their lives and raised families without any government handouts except for a pittance called child endowment. 

Now they are discriminated against at every turn. As they desperately try to save for their retirement, the government penalises them for putting money into superannuation.  

Up to fifty per cent of their salary is confiscated by the government and handed out to other demographic groups in the form of middle class welfare.

The other forgotten people are the small business owners. The crumbs thrown to them in this election campaign are an insult.

Meanwhile the federal government has hijacked them into becoming unpaid tax collectors for the GST. It then punishes them for not sending in the tax collections on time.

A major source of the election billions is derived from the bloodhounds at the Australian Tax Office. In a time of low interest rates, these bloodsuckers, at the prompting of the government, charge a punitive interest rate of 12.5 per cent on overdue tax payments.

Heaven help you if you are aged over 50 and a small business owner.

The forgotten people shoulder the tax burden

If you take into account the total tax take from federal, state and local government, working people over 50 are losing between 50 per cent and 60 per cent of their salary in taxation.

In other words, in any financial year, the forgotten people are working entirely for the government and the welfare industry from July until some time in the following January. Only then will they get to keep any of their salary.