The federal government wanted to give taxpayers a couple months to prepare the year’s taxes. But as filing became more complex, the date was pushed back.
Why the super-rich are targeting the Mount Rushmore state.
Dean Alberga/Handout/World Archery Federation via Getty Images
In 1950, the top 0.01% of earners paid almost 70% of their income in taxes. By 2018, the super-rich paid proportionately less than the average for all other Americans.
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.
Public health spending is an important factor in reducing inequality between households in Australia.
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Peter Whiteford, Crawford School of Public Policy, Australian National University
The Australian Bureau of Statistics’ latest analysis of the impact of government benefits and taxes on household income shows this reduces income inequality by more than 40% in Australia.
Should baseball teams pay tax on the bobbleheads they give away?
AP Photo/Michael Dwyer
The Cincinnati Reds’ struggles on the field in recent years have extended into the courtroom, where they are battling to avoid paying sales tax on promotional giveaways they use to sell tickets.
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
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.
Speaker Paul Ryan talks about the new GOP tax plan.
Reuters/Kevin Lamarque
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.
Unions have loudly challenged the rise of foreign contract workers.
Rebecca Le May/AAP
Workers are getting ABNs and being employed as contractors responsible for their own tax payments. This is undercutting conditions and eroding the most important part of the nation’s tax base.
Online frauds on credit cards are on the rise especially during holidays.
Mighty Travels/Flickr
The administration’s plan to significantly cut the tax rate on so-called pass-through entities will likely lead to creative tax planning and outright evasion, damaging faith in the system.
The Commonwealth Ombudsman will investigate Centrelink’s automated debt-recovery system.
AAP/Dan Peled
Centrelink’s debt recovery system is using information in a way that it was not designed to be applied, without properly adjusting for differences between the tax and social security system.
Emeritus Chair, Human Dimensions of Environmental Systems, Professor Emeritus in Political Science, Natural Resources and Environ Science; Avril Shull Professor Emeritus, Purdue University., University of Illinois at Urbana-Champaign