The treasurer, Joe Hockey, has again said once again that Australians work six months of the year for the government.
An analysis by the Australia Institute last year, after the treasurer made the same comments, found that the top 1% of earners – on more than $290,000 a year – had an average tax rate of 39 cents in the dollar. Those on more than $180,000 a year, had an average tax rate of 32%. Those earning more than $80,000 – had an average tax rate of 25%.
So where did Joe get the figures he's using, well it could have been in a wet dream that he never woke up from.
A spokesman for the treasurer said Hockey had been speaking “in very broad terms.
In other words they were telling us it was a straight out lie.