I hope thisis of some interest. I am constantly surprised at how little interest peoplepay to how their taxes are spent.!! Lines to the segments are a bit hard tosee.!
In the mostrecent budget, Australian workers contributed 45% of all the revenue collected.
Australiancompanies contributed less than half of what workers did, 21%, including thetaxes gas companies pay to sell Australian gas abroad.
And thefastest-growing part of the revenue pie is income tax.
IndependentMP Allegra Spender [Carla Zampatti’s daughter] has made tax reform a personalmission since arriving in parliament last year.
She saidthe income tax challenge is pretty clear, but is being met with frustratinglylittle urgency.
“Twentyyears ago, we had 6 and a half people who were working for every person whowasn’t working” she said.
“At themoment, we got about 4 people who are working for every person who isn’tworking.
In 20years’ time, we are going to have around 2 and a half people who are workingfor every person who’s not working!
So wecan’t just completely rely on these workers to continue to bail the rest of thecountry out”
A
