Tax Forum
If the people looking after the nation’s bank account can’t estimate what it costs to take wealth with one hand and re-distribute it with the other, we are in trouble.
Millions of Australians interact daily with a system of swings and roundabouts called the Transfer System. It’s a complex network of welfare payments, concessions and benefits that involves all three tiers of government.
Retirees and families with children receive 63 percent of this pie so the changes that are inevitably made around Federal Budget time have a broad impact.
Continue reading "The big scary labyrinth at the heart of the tax system" »
Just a couple of days on the policy roundabouts of Canberra often seems like a fortnight, but sometimes it’s just not enough time.
You might have seen that the Gillard Government has lifted the lid on its long-awaited Tax Forum. It’s all about re-designing the way we collect, use and re-distribute wealth in this country.
To do that, it’s giving everybody the grand total of two days. Let’s put that in context.
Continue reading "When burnouts get more attention than tax reform" »
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Von Hayek says:
“Remove any revenue raising ability from the States and hand it all to the Cth through Constitutional reform.” The people of Australia will not vote for such an insidious centralisation of federal power. The states, through adding an addition layer of inefficient government, serve a important purpose: check and balance… Read more »
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