Taxation Reform

In an election campaign marked by both sides saying as little as possible about tax reform, yesterday’s National Press Club showdown continued the pattern of inertia.

Same old story ... The Australian's Peter Nicholson in March

Treasurer Wayne Swan and Opposition spokesman Joe Hockey talked about stimulus packages, waste and costings. They talked around tax reform. They mostly avoided talking directly about it.

Coalition leader Tony Abbott had already flagged that a Coalition Government would re-visit the Henry Review, with a view to announcing a plan within a year. That’s just a plan for a plan.

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  • Shane From Melbourne says:

    08:16pm | 10/08/10

    Actually the best reform would be a finacial debits tax on companies and individuals withdrawing from their bank accounts. This would be an incentive to save which would reduce overseas borrowing and stop the kind of thing that happened with the Myers float (huge embarassment for the ATO) The GST… Read more »

  • iansand says:

    07:03pm | 10/08/10

    Anything that disappoints an accountant can’t be all bad. Read more »

 

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