The Australian federal government is deliberately exploiting Australian citizens and Australian entities by levying capital gains tax.

By Andrew Mackinnon

Last updated: 31st December, 2022

Capital gains tax (CGT) in Australia constitutes less than 10% of all tax revenue collected in Australia by the Australian federal, state and territorial governments. Read more...

It is possible to run Australia on a budget of $169 billion per year collected from income tax only.

By Andrew Mackinnon

Last updated: 10th August, 2022

As far as I can tell, the number of Australian citizens who submit a tax return in Australia is currently about 13 million and the average taxable income declared on these tax returns is about $65,000. Read more...