Australia is incorrectly regarded as having a low tax burden. However, on a population basis, it rates in the middle of OECD countries. In addition, Australia does not include some items on the public account, such as superannuation and private hospital insurance surcharges. Australia has the high tax ratio of a developed country when these things are included. Claims that most taxpayers have a marginal tax rate of 30 per cent are false, with most facing effective marginal rates of between $A0.40 and $A0.60 in the dollar.
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