I don't remember seeing that option when I lodge my tax return.

It makes no difference anyway.  Even if you and I gave away 90 per cent of our income 99 per cent wouldn't.  And that means billions upon billions upon billions that are foregone that could have been used for the betterment of society.

In rusty world everyone would pay a flat rate of 25 to 30 per cent and it'd all be every man for himself.

Good for rusty not good for society.

I know it doesn't. Just rebuking this stupid argument that "no one ever does" like it's an actual option you can do.

It seems bizarre that 180k is taxed the same way as $1 million, there really should be another tax bracket imo. 

I think my point is no one would, which is why there isn’t an option on the tax form.  Nevertheless there’s indirect ways to pay more tax, such as skipping the deductions section when submitting your return, or purchasing a car that attracts the luxury tax rate, or simply calling the ATO and asking to make an donation.  If you really really wanted to pay more tax, it would be possible, but it’s much easier to hide behind the “oh, there’s no option on the tax form, darn it” defence.  

something something disincentive blah blah tax avoidance etc etc...

And because nobody does is the exact reason they need to be taxed.

Nobody is sitting around on $160k a year going "I'm not going for that $250k a year job because it will move me up a tax bracket.'

It's the dumbest argument.

Again my point is if no one does it then perhaps they don’t want to pay more tax.  If your concern is that it’s disgusting and will leave vital services underfunded, then you have the option to bandy up with others like McJules to donate more to these programs and pay more tax, but if instead you choose to hide behind the tax laws then you are complicit in this so called disgustingness.

I'm already donating a % of my salary you fucking imbecile.  How many times do I have to say what I do or a dozen of us do won't make up for the 10's of billions of dollars they're foregoing by flattening tax rates?

Are you deliberately being a pain in the arse?  I'm starting to think you're just trolling now. 

Calm down, calm down, can see I struck a nerve.  Firstly the idea that we should pay more tax isn’t an idea shared by just you or dozens.  Literally millions believe that we should pay more tax. My suggestion was if you and millions of others believe our programs and services are being underfunded, then millions of people could dig deeper into their own pockets to generate billions in extra revenue.  That would ensure better funding of the programs and services that you so deeply care about, which is a far more practical approach than waiting for taxes to go significantly which will never happen.   Sometimes to get whet you want it’s best to lead by example than just pay lip service.

I would also point out that Australia is already a high taxing nation.  Our top marginal and corporate tax rates are among the highest in the world.  Even socialist utopias like Norway and Sweden have higher corporate tax than us.  Also while their personal taxes are higher, the redistribution of those taxes is spread across all income groups, whereas in Australia’s it’s highly targeted to lower incomes.  For example their version of dole payments depends on what one earned in their previous occupation.  I would also add that reducing tax doesn’t necessarily create a budget black hole, reducing income tax can also stimulate spending, job growth and economic growth which manifests in a higher tax collection.  High taxing countries tend to slow down in economic growth as people are less incentived to work or those who are motivated relocate to countries which offer better returns for their labour.  Increasing the tax to 55% might seem like ab easy way raise money but in actual fact it will result in more dissatisfied workers who already feel they are paying too much tax and more tax avoidance.  Give more than half your labour away is reprehensible and in your own words “disgusting”.

You never stop lying do you?

https://www.oecd.org/tax/revenue-statistics-australia.pdf

30th out of 36 OECD countries.

As for the underlined stuff that is just conjecture on your part. 



Because it's what you do feel free to cherry pick data from here.   https://www.oecd.org/tax/tax-policy/revenue-statistics-highlights-brochure.pdf

1. It's an extremely inefficient and adhoc way to fund services.
2. Because of this it would actually cause services to be funded worse.
3. The most practical approach is to take that money as tax. The average joe has to do absolutely nothing at the moment to pay the taxes they do, it's all handled by their employer or in the case of GST, the business they buy the goods or service from.
4. Federal funding of services doesn't even work like this anyway.
5. You are still ignoring that there's a massive shortfall from the ones that don't contribute

You can choose to not make any claims in which case you will over pay your tax.

No one does that either. Usually 99.99% of people claim everything they can.

Yes everyone puts in all their claims. You don't have to do that if you don't want to.

But you continue to don't you?

But how high do you want to go.

Let's say under Shorten they were going to introduce the 55% tax bracket for over 180000 to let.s say 500,000. And over 500,000 it goes up to 65%.

hat is way too much and expensive so you are taking away the incentive for people to earn that. What you are encouraging is for the business or entity to go overseas, or cut back on their productivity or dodge tax by getting creative.

There has to be a line somewhere. You can't just keep increasing the bracket thinking you are hitting the "top end of town" The top end of town is like a pyramid. The tax base is small, very small. But they do employ people and this has a large impact. If you slug them, they shut down, and don't employ as many.

Yes you may consider to not go for that job when the tax rate is let's say 65%. people do that all the time bcause sometimes the stress of this position isn't worth it. You need to make a considered decision on whether your lifestyle is worth going up that bracket because usually people on those types of wages make massive personal sacrifices too and maybe it isn't worth it.

More tax provide a disincentive.

Good for you.

I suggest you keep doing that and stop getting on your high horse and judge the rest of society for wanting to pay l;ess tax or for feeling they are being over taxed as it is - which is infact correct.

In fact, as inflation goes up, there is significant tax creep which are hitting the lower middle brackets and destroying their quality of life. That needs to be addressed.

Good table. We bundle everything up as 'tax' but if we split it between social security contributions and tax, we aren't that high.

That isn't the correct metric of measuring it because our GDP is very high because of the resources and agriculture industry.

So our tax to GDP ratio is low.

What you need to do is compare the tax brackets of the Australian Worker and other workers overseas, and we are indeed very high.

Pointing to personal income tax as the be-all and end-all and using it as conclusive proof that we're taxed more just illustrates your lack of economic knowledge beyond trickle-down-tier talking points. If you literally scroll down to the next page, it explains how we're taxed less - zero taxes on social security contributions and substantially less on GST. 

Also interesting to note that the periods of lowest tax-to-GDP ratio came under the Labour governments, funny that.

Look on page 2 of the PDF. The tax structures.

According to thew structures it says we are the highest taxed nation in the OECD - 41% vs 26% (OECD average)

GST isn't a good measure of our taxation because that is a measure of tax collected on Goods and services.

If our pay packets are taxed more, and they are by a substantial amount - 41% Vs 26%.

You say social security contributions, but we also have the Medicare Levy on top as well, which is the same thing.

I mean seriously, you people are a joke. This isn't going to be a good country to live in if we are taxed into oblivion which is what you are advocating. We are already taxed very highly. We are the highest in income tax ffs!

That's the point. Look at social security contributions. We lump it all up.

GST is a flat tax you dumb ass, everyone pays the same rate rich or poor.  Many countries have high GST and sales taxes to counter comparatively lower personal taxation.  Personal tax relative to GDP is the best way to measure tax burden as it’s a progressive tax, the more you earn the higher rate you pay.  

If you refer to the link below, you will see Australia has the SECOND most progressive tax system within the OECD

http://comparativetaxation.treasury.gov.au/content/report/html/06_Chapter_4-04.asp

Cherry pick as predicted.

Is a Government source from Federal Treasury!

If it aint the Guardian it aint credible!

Lmao


Rusty moving the goalposts: Exhibit #4371517

same ol same ol to either of you, he said she said, you'll never agree or to disagree even gets pretty pathetic, just drop it for it will always be black and white or in these case's blue or red......like a football game, there can only be 1 winner when the voting is counted.
Its done dusted till next game.