Real marginal tax rates

_{Humphreys, J. (2009), “Revealing Australia’s Real Income Tax Rates“, Policy, 25:2 (Winter 2009), Centre for Independent Studies, Sydney.}

This article combines the nominal tax rates with the Medicare Levy and the Low-Income Tax Offset to show the real marginal tax rates as experienced by Australian taxpayers. The results are unnecessarily complicated, partly regressive, and economically inefficient.