Can someone confirm these figures

 You earn $100 ..income tax takes $33 leaving you $67

You buy $67 of fuel and the excise duty on that is 48% aprox $34

So you have earned $100 and been taxed $67.

Yuglamron wrote:

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So you have earned $100 and been taxed $67.

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 No, you have bought fuel and paid excise on it.    Nothing to do with your income and what you earned so that isn't relevant.   You can complain about the amount of fuel excise, but comparing it to income tax doesn't make much sense.

LLD wrote:

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No. Not that simple. You only pay tax above $18,200 and if you are a senior, tax comes in at nearly $33,000 p.a.

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dogbox wrote:

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LLD wrote:

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No. Not that simple. You only pay tax above $18,200 and if you are a senior, tax comes in at nearly $33,000 p.a.

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please explain

You do not pay $33 on every $100 earned because of our sliding scale of tax. If you earn between $37,000 & $90,000 you pay $32.50 per $100 and from $90,000 to $180,000 you pay $37.00 for every $100. You do however pay excise on alcohol, tobacco & petrol and GST. 

As senior self-funded retirees (SAPTO), my wife and I have to earn nearly $66,000 before we pay any tax. Long way shy of that. We still have our full $100 before we get caught with excise and GST.

Try calculating tax at https://www.taxcalc.com.au/1819.html Financial Advisors are reluctant (or ignorant) to tell you about SAPTO.

Google / Wikipedia will give a good definition of excise duties. One can avoid excise by not drinking, not smoking and walking or riding a pushbike.

However personally I much rather a drink or three and a ride in a petrol powered vehicle and cough up the excise.  

There is nothing more certain than death and taxes (someone famous said that).

Average wage is about $90,000. Tax on that including 2% Medicare is $24.50 per $100 ($22.50 without medicare). Not $33 per $100. It can be complicated.

There was talk today of getting rid of import tariff (5%) as we no longer have any industries that need to be protected (eg. motor industry).

blaze wrote:

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so we complain about the taxes we pay, then we really carry on if there are poor roads and services, I have been happy to pay the legal taxes I have paid and along with every one else enjoy the benefits
cheers
blaze

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Gday...

Ditto Blaze, ditto.

I worked for an old bloke once (I woz a youngun) and he said that "Ya shouldn't worry about paying tax, it means ya must be earning money"

He also used to say that it wasn't ME paying the tax, HE (as my employer) paid the tax for me ... he maintained I never paid a cent tax coz the employer pays it - eg ya earn $500, he would pay me $405 and then he would pay the government the $95 tax. I never saw, nor paid, that $95 - AND if I played my cards right I also got a small refund at year's end from the $95 he paid on my behalf.

His way of figuring it.

Cheers - John

Yuglamron, I get what you are saying. 

Bagmaker wrote:

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if only the roads improved at the same pace we pay taxes to have them improved

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 they do, the money dosnt only do roads. Like I said we bitch if we have to pay an  extra $1 a week

cheers

blaze

Ps we really are a nation of wingers

blaze wrote:

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Bagmaker wrote:

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if only the roads improved at the same pace we pay taxes to have them improved

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 they do, the money dosnt only do roads. Like I said we bitch if we have to pay an  extra $1 a week

cheers

blaze

Ps we really are a nation of wingers

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 Bit of a whinging comment Blaze. Off topic to.

Eaglemax wrote:

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I think fuel exise is way too high. Businesses like couriers, take a pay cut evrry time fuel prices rise. Lot of people doing it tough out there. Just have to see bankruptcy numbers.

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 I suspect that the Bankruptcy numbers will get worse, before they get better...

Gday...

Speaking fairly generally, it is not the fuel excise, or taxes generally, that contributes to bankruptcy applications.

It is the inability of the enterprise to support and service their debt levels.

Now, how they got that debt level is obviously up for debate, but taxes don't put a business into bankruptcy ... except where those taxes have become a tax debt.

Cheers - John

rockylizard wrote:

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Gday...

Speaking fairly generally, it is not the fuel excise, or taxes generally, that contributes to bankruptcy applications.

It is the inability of the enterprise to support and service their debt levels.

Now, how they got that debt level is obviously up for debate, but taxes don't put a business into bankruptcy ... except where those taxes have become a tax debt.

Cheers - John

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 Good point John

And without debating that issue the merry go round for a business to updaye a car for example to allieviate an approaching tax burden (GST, depreciation benefits etc) often is a quick fix with long term consequences.

But fuel is still too expensive

Yuglamron wrote:

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Can someone confirm these figures

 You earn $100 ..income tax takes $33 leaving you $67

You buy $67 of fuel and the excise duty on that is 48% aprox $34

So you have earned $100 and been taxed $67.

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PeterX wrote:

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Can someone explain ...
" if you are a senior, tax comes in at nearly $33,000 p.a. "

Where does the 33K PA come from?

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 It called SAPTO. Seniors and Pensioners Tax Offset. See https://www.superguide.com.au/smsfs/no-tax-retirement-sapto and https://www.taxcalc.com.au/1819.html

Not sure what the real SAPTO figure but it's > $32,900. It is automatically applied if you do your tax via eTax. Financial Planners and Advisors are pretty quiet about the SAPTO (used be called SATO). 

dogbox wrote:

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Yuglamron wrote:

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Can someone confirm these figures

 You earn $100 ..income tax takes $33 leaving you $67

You buy $67 of fuel and the excise duty on that is 48% aprox $34

So you have earned $100 and been taxed $67.

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getting back to what I thought the op was trying to point out is that not only do we pay income tax (at what ever rate is appropriate)we also pay various other taxes/levies (including fuel)ect with our money that we have already payed tax on. in the example used the other $33 would probably attract another minimum 10% gst making it over $70 per $100 if you drink or smoke could be more

-- Edited by dogbox on Tuesday 15th of January 2019 02:32:13 PM

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The points made are very, very valid. We get taxed on our income, then business get taxed on such things as import duties, company tax, payroll tax (which are passed onto us - the consumer) the we get hit with GST and excise. I thought GST was sold to us with the idea of removing all the other state & federal taxes. We probably wouldn't be enjoying our good standard of living without taxes.

In an item I read earlier this week there is a push to remove the 5% import tax as it costs more to collect and administer the tax than is actually collected. However as some little Bureaucrat will probably lose his/her power plus staff, it probably not going to end up happening. The tax was very, very high when we were protecting the likes of our motor industry

Have a good hard think about it.

Desert Dweller wrote:

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Have a good hard think about it.

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 That BS in this circumstance DD. 

We arent talking free rides at all. We are talking taxes on top of taxes...what taxes we should not be paying or less tax read...fair tax.

Where does the OP say he wants a "free ride".?

LUCKY LOZ wrote:

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I know for a FACT that we are on of the highest taxed countries in the WORLD.
Look at the price of Booze DVDs Music Petrol In America .
Much cheaper.
And other duty free countries cheaper again/
Oz is a great place, But we are being Taxed to death IMHO.
But over a quarter of the population on Welfare.
Enjoy while you can,

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 Gday...

https://theconversation.com/factcheck-qanda-does-australia-have-one-of-the-highest-progressive-tax-rates-in-the-developed-world-77785

http://comparativetaxation.treasury.gov.au/content/report/html/05_chapter_3.asp

Cheers - John