Opinion
Why the stage three tax cuts should be replaced
The Stage Three tax cuts will add to inflationary pressures and permanently flatten the rate structure, while leaving the problem of bracket creep unsolved.
Miranda StewartTaxation academicIn an era when big-bang tax reform is off the table, a coherent set of smaller reforms can contribute to budget repair while shoring up the tax base to fund services for our ageing population.
Those who were around at the time nostalgically remember the Hawke government’s Economic Summit of 1983, described in The Australian Financial Review as “unleashing two decades of economic reforms”.
Subscribe to gift this article
Gift 5 articles to anyone you choose each month when you subscribe.
Subscribe nowAlready a subscriber?
Introducing your Newsfeed
Follow the topics, people and companies that matter to you.
Find out moreRead More
Latest In Tax & super
Fetching latest articles