Ok so I was bored and did a VERY SIMPLE spreadsheet.
11.1% of the working population are responsible for almost 50% of the tax paid!!!!
FARK - and the leftist arseholes know where to come to get $'s and push class warfare as these people generally wont vote for them.
Ok I'll bite Shack,
spreadsheet is only income tax not GST, as all good neo cons you ignore 61 Billion in taxes to show how hard done by the rich are; that said the last I saw 47% of income tax is paid by top 10% so your spread sheet is full of wrong numbers but the outcomes are close. ( 11.9 million work full time not 16 million, average earnings is 80 K when taking into account overtime etc on a yearly basis and average tax paid is closer to 19K not 10K).
But in a search for the truth this leftist arsehole is going to look at the whole picture not your narrow view.
Lets account for gst shall we ! All taxes by quartile left is poorest 20% right most is top 20% weekly earnings.
GST paid ($) 48 48 60 71 99
Net Income ($) 652 994 1,346 1,753 3,009
GST Net income (%) 7.36 4.83 4.46 4.05 3.29
Income tax/net income (%) 5.83 8.75 12.48 16.43 24.76
So to read this table the poorest pay the highest amount in % of gst in terms of their income 7.36%.
The most wealthy 20% pay the least 3.29% of their incomes. Funny how neocons never mention these numbers!!
So if I compare the top 20% the average total tax rate is 24.76% as a rate.
IF I Average the rest its 9.02% ie the middleclass and poor.
Now lets compare the average earnings of the top 20% and compare that to the rest.
top 20% $3009 per week
The rest $997 per week.
And now the final analysis we compare the average total tax loading verses the income earned $earnt per % tax rate.
top 20% $3009 /24.7 = 121
the rest 997/9.02 = 110
Difference between top 20% and the rest (121-110)/110 = .1
SO theres an extra loading of tax against the top 20% of the most wealth individuals of 10%.
Another way to say it "the taxation is linear based on income but theres a 10% extra loading if your in the top 20% Wealthy group.
Seems pretty fair to me.
I believe this is a fair assesment of the true taxation of people in australia by incomes, if anyone thinks I have made some "mistake" in the numbers and assesment please go ahead and comment.
I wanted to find this data for top 10% but couldnt, source for above table is;
Source: GST paid from ABS Series 65370DO001-200910, Table 7, line 53; Taxes on Income from ABS Series 65370DO001-200910, Table 7, line 19; net Income from ABS Series 65370DO001-200910, Table 7, line 20.