Nope ... tax refunds and formerly lottery/gambling profits neither, I do believe. The only time you can say your tax returns and discounts are taxed 'twice' is if you mobilized them into capital assets. Which, you know ... makes sense, because last thing I want is government PIs sifting through your paperwork to see exactly how you spend money.WolfThomas said:This confused me because in Australia we don't have separate tax and federal taxes, you don't have to report your last year's refund here.
I mean, arguably you're taxed twice given if you spend money you have to pay VAT/GST/etc on goods and services, but ditto above. Albeit regressive taxation like GST is wrong enough on its own and merely a wayto shift debt burdens to those who already suffer the least economic mobility ...