France agreed to postpone implementing its law to tax US technology giants as negotiators from nearly 140 countries seek agreement on reforms to the international tax system.
Treasurer Scott Morrison may be happy with a budget in balance by 2019-20, but the rising burden on individual taxpayers is a worry.
Mick Tsikas/AAP
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.
When an ageing person is forced to move out of their family home, that can trigger a host of problems that policy is doing little to prevent.
Diego Cervo/Shutterstock
Millions of older Australians live in houses that don’t safely meet their needs, but they’re not ready for a nursing home. Lack of suitable housing and the moving costs leave them with nowhere to go.
It may opens doors but follows wherever you go.
AP Photo/Benny Snyder
Congress changed the tax system to benefit companies with overseas operations but failed to help Americans actually living abroad, who still face punitive taxation.
Protesters voice their disapproval of the Republican tax bill on Capitol Hill.
AP Photo/J. Scott Applewhite
Far from dispelling the notion among Americans that the system is ‘rigged’ against them, Republican tax plans are more likely to make matters worse.
Reforming how drivers pay for the costs of their road use can help keep traffic flowing, which is just one of the potential benefits.
Holli/Shutterstock
Traffic congestion is the main cost that cars create when they use existing roads. Road use charges are a more efficient and fairer way to cover the cost and help ensure traffic flows.
Trouble in paradise: Bermuda is at the centre of the Paradise Papers leak.
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The Republican tax plan would ultimately make the current system less progressive while reducing the overall burden, two things research shows make countries less happy.
Finance Minister Bill Morneau is not the first Canadian politician to hold the job who’s been confronted with outrage over tax reform proposals. But it’s time to listen to people who get riled up about tax increases.
THE CANADIAN PRESS/Andrew Vaughan
President Trump recently released his tax plan, but he’s also said he wants to stimulate the economy with infrastructure spending. Is one more effective than the other at boosting growth?
Trump’s tax plan will cost trillions.
AP Photo/Pavel Golovkin
President Trump released details of his tax plan, which would essentially benefit the wealthiest Americans by repealing the estate tax and other changes at the expense of the middle class.
With widening income differences and growing social divisions, citizens are less willing to support each other and taxpayers less willing to pay taxes.
Joe Castro/AAP
Analysis shows that rising inequality over the past 20 years makes it harder to increase taxes and makes citizens less willing to pay them.
Federal Urban Infrastructure Minister Paul Fletcher and Prime Minister Malcolm Turnbull are eyeing value capture as a way to fund projects, but how will they sell a new tax to voters?
Paul Miller/AAP
Consider these home truths: value capture is a tax, it would need to apply to the family home and deciding which areas it covers would be politically contentious. A broad-based land tax is simpler.
A wage ceiling is worth talking about.
Jane Barlow PA Wire/PA Images
Tax systems in post-colonial Africa need to be reformed. For instance, there ought to be rebates for advancing moral good or educating future taxpayers.
A national housing policy is needed that recognises how all the sectors – buying, renting, investing, social housing or homeless – are connected.
AAP/Paul Miller
A decent national housing policy is not just about the million or so Australians who are in housing need, marginal housing or homeless. In reality, all the housing sectors are connected.