The Coalition has produced tables showing it would be offering bigger tax cuts in 2024.
Shutterstock
The government has set out the tax benefit people in particular occupations would get in the long term under its plan, while Labor has announced funding for pathology from its cancer package.
Congress designed a complicated tax system.
AP Photo/Keith Srakocic
The IRS already has all the info it needs from 40% of filers, yet lobbying by tax preparers is stymieing efforts to make the filing process simpler.
Taxing harmful behaviour like smoking and gambling have become too lucrative for governments to turn away from.
Shutterstock
Governments are addicted to tax revenue from harmful activities. It is stopping them from doing what is in society’s best interests.
Forget the low hanging fruit, for the Coalition tax reform might have well been forbidden fruit from the Garden of Eden.
Lukas Coch/AAP/Shutterstock
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.
Much of what’s been promised would have had to happen anyway.
Shutterstock
The promised tax cuts will benefit high earners in 2022 and 2024, but by then they’ll need it.
On tax, Shorten one-upped the Liberals, offering bigger immediate tax cuts to 3.6 million taxpayers who earn under $48,000.
AAP/Mick Tsikas
The opposition aims to put Medicare at the forefront of its campaigning, as it did in 2016. But there is a notable difference.
So far, Labor is $95 ahead of the Coalition, for many Australians.
Shutterstock
The debate about tax cuts has morphed into a debate about annual lump sum payments, and for many Australians, Labor is offering more.
Bill Shorten’s budget reply speech was aimed at middle and lower income earners.
AAP/Mick Tsikas
The Labor Party has signalled that equality and fairness will form the centrepiece of its policy framework - but there will be challenges to that if it wins office in May.
Labor will provide a bigger tax refund than the Liberals for 3.6 million Australians.
Mick Tsikas/AAP
Unveiled in his budget reply on Thursday night, Shorten said this would be the “most important investment in Medicare since Bob Hawke created it”.
More Americans agree with plans to raise taxes on the wealthy.
Rena Schild/Shutterstock.com
Democratic lawmakers have offered a number of ways to reverse decades of widening economic inequality. A tax expert gives them a closer look.
Skat was the name of the Danish tax agency. It’s also a term of affection.
Shutterstock
Other countries seem happy to pay more tax than we do, and they are among the world’s top performers.
Tax time can be stressful.
Marcos Mesa Sam Wordley/Shutterstock.com
If tax seasons is stressing you out, a look at the worst things that could happen to you if you mess up – and why they’re so unlikely – may help.
Tanzania’s capital, Dar es Salaam. The country is known for its budgetary problems.
Shutterstock
Building a fiscally capable state won’t bring benefits in the short term but can build taxpayers confidence.
Ten years ago, almost a third of self-employed people in the UK contributed to pension schemes. That figure has dropped dramatically.
No-one would ask low earners to pay the same as high earners.
Shutterstock
Supertaxes on very high earners needn’t be a problem.
South African Finance MInister Tito Mboweni delivering the 2019 budget speech in parliament.
GCIS
South Africa’s finance minister delivered a budget that tried to balance serving the public interest, while maintaining the stability of public finances.
Maridav/Shutterstock.com
Consumers are only benefitting from cheap clothes at considerable cost to the environment and by exploitation of a poor, vulnerable garment workers.
shutterstock
A fairer and more efficient way of taxing wealth can benefit society as a whole.
Australians drink more than nine litres of pure alcohol a year.
It may not be popular, but an increase in the cost of alcohol would make us drink less and consume fewer kilojoules.
People of color, women and the LGBTQ community are just some of the groups who often get slighted with tax reforms.
Andrey_Popov/shutterstock.com
Real tax reform is about more than cutting taxes to woo voters. It’s about making the system fairer.