Taxes--How High?

Peter Burn examines the New Tax System in Austrailia,
http://www.cbo.gov/showdoc.cfm?index=1065&sequence=0, and finds "personal income tax turns out to be 34 per cent higher here than the OECD weighted average, and our tax on company incomes is 117 per cent higher." This with addition to the introduction of Consumption Taxes with the Goods and Services tax. The actual amount of Austrailian taxation is surprising "Relative to the weighted average on the GDP basis, Australia’s overall level of taxation was 19% higher (16% higher on a TWI basis) than the OECD Americas sub group. " This propels a relevant question: How can Austrailia remain competitive with its major Trading partners?

There is absolutely no question that Austrailia suffers from over-taxation. There stands the fact Austrailia provides far less subsidization of Trade than does the United States. Exports, on the other hand, probably exceeds Our percentage of GDP, while they do not suffer near the significant Trade imbalance We do. Austrailia also significantly does not run the huge Government Trade deficits current within the United States. Is there a Case for stating Americans are under-taxed? lgl