Peter Martin, Crawford School of Public Policy, Australian National University
What the Greens are proposing is really a two-tier company tax system, of the kind that once interested the Business Council of Australia and the Rudd Labor government.
Robert Breunig, Crawford School of Public Policy, Australian National University and Kristen Sobeck, Crawford School of Public Policy, Australian National University
Six years of Coalition government has had little impact on the tax system. It’s not clear whether a Labor government would be any different.
On one measure our company tax rate is the third-highest, but we like it that way because it allows us to give big tax refunds to local shareholders, many of them retirees.
The Conversation played host to really important new ideas in 2018. Some will take years to develop. Others will never come to fruition. But they’re important.
The budget looks good, for now. But the surge in taxable profits will subside as companies find ways to shift profits offshore. We’ve come up a better way to tax onshore what happens onshore.
Personal income taxpayers are shouldering more of the burden, while less revenue is coming from taxes on companies, capital and consumption. Only major reforms will change these sustained trends.
In addition to the jobs claim, Liberal MP Sarah Henderson said 65,000 new businesses had started in the last year, compared to the closure of 61,000 businesses in Labor’s last year. Is that right?
Politics Podcast: Tanya Plibersek on Labor’s taxing times
Tanya Plibersek talks on Anthony Albanese's Whitlam oration, Bill Shorten's unexpected announcement on rolling back company tax for medium sized firms, and the "tough" byelections.
The decision, announced in response to questions at a news conference on Tuesday, doesn’t appear to have gone through shadow cabinet. Nor did Shorten mention it when he addressed caucus that morning.