NewsBite

Ken Henry says tax system won't support recovery

Updated

Subscribe to gift this article

Gift 5 articles to anyone you choose each month when you subscribe.

Subscribe now

Already a subscriber?

The nation's top tax reform architect, Ken Henry, says the deteriorating tax system will fail to support the economic recovery from the coronavirus crisis, as he called for a new tax on business cash flow to replace the GST, payroll tax and insurance duties imposed by the states.

Former Treasury secretary Ken Henry won't give up the fight for tax reform. Graham Tidy.

Loading...
John Kehoe is economics editor at Parliament House, Canberra. He writes on economics, politics and business. John was Washington correspondent covering Donald Trump’s first election. He joined the Financial Review in 2008 from Treasury. Connect with John on Twitter. Email John at jkehoe@afr.com
Patrick Durkin is Melbourne bureau chief and BOSS deputy editor. He writes on news, business and leadership. Connect with Patrick on Twitter. Email Patrick at pdurkin@afr.com

Subscribe to gift this article

Gift 5 articles to anyone you choose each month when you subscribe.

Subscribe now

Already a subscriber?

Read More

Latest In Tax & super

Fetching latest articles

Most Viewed In Policy

    Original URL: https://www.afr.com/policy/tax-and-super/why-the-tax-system-won-t-support-economic-recovery-20200422-p54m55