Both major parties refuse to grasp the nettle of New Zealand’s narrow and inherently unfair tax base.
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The government promised to eliminate the 37% tax rate. Instead, for a certain range of income, it has lifted it to 40%.
Senators should consider how repayment thresholds vary depending on family circumstances, the impacts on taxes and how long students will be saddled with debt.
The AiGroup’s Innes Willox told Q&A that Australia has one of the highest progressive tax rates in the developed world. Is that true?
There are many potential reforms to the tax system that are revenue neutral, from broadening the tax base to replacing transaction taxes.
Kontributor teratas
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Professor, Department of Economics, The University of Melbourne
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Professor, Curtin Law School and Curtin Business School, Curtin University
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Associate Professor in Commercial Law and Taxation, Te Herenga Waka — Victoria University of Wellington
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Lecturer, School of Taxation ＆ Business Law, UNSW Sydney
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Visiting Fellow, Tax and Transfer Policy Institute, Crawford School of Public Policy, Australian National University
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Honorary Senior Fellow, Centre for the Study of Higher Education, The University of Melbourne
