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I’m not going to spend my afternoon doing calculations to prove my point as what is required is doing the same calculations for other nations, the number you’re quoting is not what is meant by marginal tax rate for a start but the linked article provides the context needed.

Again, I have been in the top tax bracket for around a decade and have never paid more than 40% of my taxable income in tax without an accountant

Australia has lower sales taxes, lower income taxes, no requirement for private or employee provided health insurance. It is straightforwardly untrue that Australia is high taxing. Even if it were true then the level of public services provided would make it worthwhile.

Maybe the top tax rate kicks in lower but the tax free threshold is also higher than in most countries which is the correct balance.

The highest marginal tax rate for income earners is over 50%. And it takes effect at much lower incomes than other comparable countries.

In Australia? The highest marginal tax rate is 45%, and due to the nature of progressive taxation unless you have an absurdly high income most of the income of even high earners is taxed at a lower rate.

Source: I am in the top tax bracket and until recently did my own taxes

This comes up periodically and is absolutely true, judged as a liberal economy Australia is generally quite efficiently run with below average taxes and above average services. Which is no excuse for not trying to do better and indeed think outside the liberal box.

More interesting is that the graph “Breakdown of total tax raised in Australia since WWII” under “Other taxes” there is a spike in 1951. It seems to correlate with the USA stockpiling wool as part of their strategic reserve and a subsequent speculative bubble.

https://www.winton.com/news/australias-lesser-known-commodities-booms

https://trove.nla.gov.au/newspaper/article/185564703

An interesting take on the geopolitical implications of a China-USA conflict

Private schools add literally no value to society. Study after study have shown absolutely no correlation between private schooling and eventual income/self reported happiness/career satisfaction/tertiary education success (after controlling for parental income and education level).

What private schools do is reduce social cohesion by segregating children by income and religion. Funny how conservatives are always in favoir of social cohesion when they are using it as a racist dog whistle but not where it actually matters.

I don’t know if I’d go so far as banning private schools(some Montessori or Bush Schools etc may actually add value) but I certainly don’t think these class exclusionary bohemoths should be getting any public grants or tax concessions.