In a press release that’s really all about ridiculing shadow treasurer Richard Mulchay, the Chief minister lets slip that ACT is in fact the lowest taxing state or territory in Australia.
It’s a bit numbersy and boring, but as far as I can make out, the combined state and local taxes in the ACT are just over one-tenth lower than the national average. Now correct me if I’m wrong, but could this be because we actually don’t have a local level government to level taxes?
Mr Stanhope also pointed out that the Federal Government is the highest-taxing level of government. Again, feel free to jump in, but don’t they have the largest population to tax? And the largest budget and jurisdiction, hence the largest need for income?
Do have a read of the release and let me know if it is comprehensible — and then please explain it in ordinary, monosyllabic words cos I sure as anything am not getting the point here.