The OECD puts Australian governments’ tax take at 26.5 per cent of national income, bless than the unweighted average share of 34.1 per cent among the 34 member nations, a long-term discrepancy that has prompted trade unions, statists and welfare lobbies to argue for tax increases rather than spending cuts to fix the federal budget.Isn't it just a wee bit dishonestly inventive to call compulsory super contributions part of "the Australian government's tax haul"? They've convinced Adam Creighton though, apparently.
“We are constantly being told that Australia is a low-tax country, but that is a complete myth”, said Mikayla Novak, a senior research fellow at the Institute of Public Affairs who wrote the report.
“Adding in compulsory super and private health insurance mandates raises Australia’s effective level of tax,” she added, arguing that they added 4.7 per cent and 1 per cent of GDP respectively to Australian governments’ tax haul in 2011, lifting the total to 32.2 per cent.
I'm also looking at the graph at the article of some of those low taxing to GDP ratio nations that I'm sure we would all love to emulate - India, Peru, Russia, Philippines. Yes, says the IPA, why can't we live in such happy and socially equitable countries like that?