INCOME INEQUALITY

There are several indirect taxes in Australia, some of them are:

1) Goods and Service Tax (GST)

2) Luxury Car Tax (LCT)

3) Wine Equalisation Tax (WET)

Then there are also several direct taxes, some of them are:

1) Resident Individual Income tax rates

Resident Tax Rates 2012 - 2014

Taxable income	Tax on this income
$0 – $18,200	Nil
$18,201– $37,000	19c for each $1 over $18,200
$37,001 - $80,000	$3,572 plus 32.5c for each $1 over $37,000
$80,001 - $180,000	$17,547 plus 37c for each $1 over $80,000
$180,001 and over	$54,547 plus 45c for every $1 over $180,000