I read an article http://www.smh.com.au/national/taxi-strike-cabbies-across-au… on SMH this morning and it is very annoying to see this attitude.
I personally know at least 12 taxi drivers who make more than $150K per year but they pay less than $1500 tax and they also claim Centrelink payments for being low income earner. From what I understand, majority of taxi income is cash intensive and therefore there is no paper trail.
I personally always pay cash for taxi use as credit card attracts high fees and I assume all other Ozbargainers are in the same boat.
Is this fuss all about the competition where Uber is taking away business from the taxi drivers?
If taxi drivers cry about Uber being illegal then isn’t tax evasion and not declaring the correct income also illegal?
$150K income seem a bit high, assume the driver works everyday, that is $412 per day income, after fuel and other expense.