Others must break the political impasse on tax reform
The major political parties are fearful of tax reform wedges. A broad summit proposed by the Business Council of Australia could be the way to restore the reform momentum that’s needed.
Anthony Albanese’s breaking of his election promise to deliver the Coalition’s legislated stage three tax cuts has brought the national debate back to what most Australians aspire to: a better life, underpinned by good paying jobs, good schools for their children and safe neighbourhoods.
This debate now needs to focus on what is actually needed to deliver that beyond the short-term political sugar hit of taking from the most highly taxed Australians and giving to the less-taxed.
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