Mr Kelty: Hawke-Keating Years and Tax Rate

mr kelty: Mr Kelty, who ran the ACTU during the Hawke-Keating years, believes the top marginal tax rate of nearly 50 per cent is absurdly high and should be well below 40 per cent, according to Nine News Australia. There is nothing wrong in saying we are one of the highest taxing countries, we are at the highest taxing point in our history and we want to actually tell people where we are going over the next five-or-10 years, Mr Kelty told The Australian Financial Review. To improve your experience update it here News National Call to slash top tax rate goes unheeded By AAP3 14pm Jul 8, union boss Bill Kelty wants tax relief for big earners to go even further, but Treasurer Josh Frydenberg is sticking with cuts that just passed parliament. He argued cutting the top marginal tax rate should be coupled with more effective taxes on property and capital to level the playing field. It's interesting that Bill Kelty is saying this after the election, because we didn't hear that from Labor or senior people like Bill Kelty before the election, he told reporters in Melbourne on Monday. Mr Frydenberg said it would have been nice to hear from Mr Kelty during the recent federal election campaign. (news.financializer.com). As reported in the news.