Economy > Government Stats: compare key data on Australia & United Kingdom
Definitions
- Finance minister: The name of each country's finance minister. A finance minister is a cabinet member in charge of overseeing and regulating the economic and monetary activity of a country. Certain countries have different titles for their finance minister, such as the UK's "Chancellor of the Exchequer" or the United States' "Secretary of the Treasury".
- Revenue > Tax > Income tax: Average income taxes (net of benefits), as a percentage of gross wage earnings, levied on a single person with no children, who earns the average wage.
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Revenue > Tax > Maximum tax rate for individuals:
Individual (max).
No date was available from the Wikipedia article, so we used the date of retrieval.
Mexico had range specified: 29%-3%
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Revenue > Tax > Overall tax burden:
Burden.
No date was available from the Wikipedia article, so we used the date of retrieval.
- Revenue > Tax > Tax burden, % of GDP: Overall taxes, including all forms of direct and indirect taxation at all levels of government, as a percentage of GDP.
- Revenue > Tax revenue as percentage of GDP: Heritage Foundation (2012).
SOURCES: Wikipedia: List of current finance ministers (States recognized by the United Nations); http://www.oecd.org/ctp/tax-policy/NTCP-Table-S1-S2.xlsx, Table S.2, Average net personal compulsory payment rate, OECD, 2014.; Wikipedia: List of countries by tax rates (Countries); Wikipedia: Tax Freedom Day (Tax Freedom Days for countries by date); 2014 Index of Economic Freedom; Wikipedia: List of countries by tax revenue as percentage of GDP (Index of Economic Freedom , Heritage Foundation . Note: Tax revenue as a percentage of GDP was obtained from the individual country pages, under the "Fiscal Freedom" section. These numbers change. Please update the numbers for individual countries in the list.)
