[OC] Australian Tax return showing where taxes are spent

Image from preview.redd.it and submitted by spoony20
image showing [OC] Australian Tax return showing where taxes are spent

BipolarRambling on July 29th, 2020 at 08:13 UTC »

I love how the ATO does this. It makes my heart sing.

spoony20 on July 29th, 2020 at 08:13 UTC »

Source: This is from 2019-2020 tax return. Added % to show breakdown.

Recreated with Excel and ATO Tool.

Australian tax rates:

Income Tax on Income Portion $0 – $18,200 0% $18,201 – $37,000 19% $37,001 – $90,000 32.5% $90,001 – $180,000 37% Over $180,000 45%

Ishana92 on July 29th, 2020 at 10:42 UTC »

Why cant all country do these sort of infographic. Of all your taxes (which is data an individual should be able to get), how much went to which thing.