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Tax In Australia Essay

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Conclusion
Tax is an important tool for governments to narrow the gap between the wealth and the pool, and further provide public services and ensure social equity. Therefore, no matter in developing countries such as China, or developed countries such as the UK and Australia, individual tax are used to support public expenditure and struggle with income inequality. This is why the three countries all have a progressive tax system with some reasonable allowances. However, because of the different political, economic systems and national conditions, there are some differences exist. Firstly, the tax rates are different which is due to the disparate average income level and income inequality. Secondly, the proportion of income tax on total tax
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