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Labor's Stage 3 changes aren't genuine tax reform - here's what would be.
- Source :
- Conversation (Conversation Media Group Ltd); 2/18/2024, p1-1, 1p, 1 Color Photograph
- Publication Year :
- 2024
-
Abstract
- The article discusses the recent tax cuts proposed by the Australian government and argues that they do not constitute genuine tax reform. The author suggests that true tax reform would involve a shift towards more efficient taxes, such as taxes on wealth, land, and natural resources. They also propose reducing tax concessions on superannuation, capital gains, and trusts, as well as redesigning the goods and services tax (GST). The article emphasizes the need for comprehensive tax reform to address the budget deficit and ensure the government's ability to meet future spending demands. [Extracted from the article]
- Subjects :
- TAX reform
NATURAL resources
GOVERNMENT revenue
INCOME tax
BUDGET deficits
Subjects
Details
- Language :
- English
- Database :
- Complementary Index
- Journal :
- Conversation (Conversation Media Group Ltd)
- Publication Type :
- Periodical
- Accession number :
- 175578537