Australians Confused on Taxes

March 25, 2013 Taxation in Australia

Two Australian DollarsSYDNEY – Australian taxpayers are currently unhappy with the levels of taxes that they have to pay, and public approval for continuously increasing government spending is waning in the country.

On March 25th the independent Australian think-tank Per Capita released the results of its annual survey of public opinions on the current state of taxation in the country, showing that many Australian taxpayers seem to have no clear understanding on the issues of public spending, recent tax changes and the full weight of their tax burdens.

The results of the survey highlighted the changing attitude of Australians towards taxation, showing that last year more than half of all Australians believed that they are currently overtaxed, compared to just one year ago when only 44 percent of Australians held the same view.

According to the chief executive director of Per Capita David Hetherington, approximately 40 percent of all wealthy Australians believe that the country’s richest taxpayers should pay more tax, but at the same time the majority of them claimed that they are currently overtaxed.

Per Capita also found that a substantial number of Australian taxpayers seem to misunderstand recent tax changes, and, as an example, the survey showed that many of them currently blame the recent implementation of carbon tax for the rises in petrol prices, despite the fact that fuels are specifically exempt from the system.

Nearly half of all households also claimed that they had received no extra financial support from the government following implementation of the carbon tax, however, government records show that nearly 90 percent of all households in the country have already been granted some extra payouts and benefits to compensate for any price rises following the implementation of the tax.

The survey also found that support for public spending in Australia is waning, with many taxpayers claiming that they are opposed to increases to the expenditure on social welfare, healthcare and education, but at the same time Per Capita found that even those who do support extra funding are opposed to the idea of raising the required capital though extra taxes.

Photo by Necromundo