Perhaps Australia had it right back in the 1960s and 1970s when the maximum personal income tax rate was over 60 percent without the rich having the benefit of dividend imputation.
Tax
Your Say: Daily Mail readers' feedback: Thank you, Steve Jobs, for your influence
Crikey readers have their say.
A taxing two days in Canberra
Crikey media wrap: Tax isn’t a sexy topic, but Treasurer Wayne Swan’s two-day tax forum produced a few ideas worth getting excited about.
Political snippets: A job well done
Prime Minister Julia Gillard and Treasurer Wayne Swan have done a good job in turning this week’s Canberra tax forum into a political non-event.
Your Say: Daily Mail readers' feedback: A Volvo correction
Crikey readers have their say.
Your Say: Daily Mail readers' feedback: Qantas has some work to do yet …
Crikey readers have their say.
Wealthy mansions are ‘on-shore tax havens’
Leading affordable housing advocate professor Julian Disney has described Australia’s mansions as on-shore tax havens that suck resources from more productive investments, and called for an end to the “huge distortions” in the way housing is taxed.
Raising disposable income will counter the housing bubble
Given that price/income ratios must return to earth for housing prices, and that governments are loath to allow the price to fall, the only remaining option is to increase incomes, writes Gavin R. Putland.
Megalogenis: Mining the tax boom
Miners doubled the company tax they paid over the first four years of the resources boom, but paid a lower effective tax rate than other industries. George Megalogenis explains the new fascinating data.
Mining into a taxing issue
Daily Media Wrap: The Government goes back to maths class, WA is getting angry, and Big Mining has launched an attack advertising blitz, as the mining tax debate continues to rage.
That’s not a Great Big New Tax — THIS is a Great Big New Tax
You want a big new tax? The RSPT is just mucking around. The Tories have gone large in their tax increase plans — with plenty of help from their Lib-Dem partners
Our tax expenditures are world-beating, but are they effective?
Australia has one of the world’s highest levels of tax expenditures, with $350 billion this year. But this government sees them as much as a source of easy savings as of good policy.
Tax returns to get simpler but accountants suffer
The Government will introduce a standardised deduction for workers filing their income tax returns in 2012, with some 6.4 million Australians expected to receive a tax benefit as part of the scheme, writes Patrick Stafford.
Megalogenis: The flawed economics of Abbott’s parental leave policy
Tony Abbott’s new paid parental leave plan is completely self-defeating, explains George Megalogenis: you can’t give everyone a new right, but ask only a tiny fraction of the population to pay for it.
Crikey Clarifier: Scientology. WTF?
Who exactly are the Scientologists and why have they suddenly come up in the news? Crikey intern Michelle Loh waded into the morass…
Tax Office won’t prosecute Australia’s worst tax cheat
Glenn Wheatley is jailed for $300,000 in tax cheating. Yet an unnamed tax cheat who owed tax totalling $242million gets away with no prosecution, writes Chris Seague.
Fake contractors gouging our tax base: unions
Australia is facing an ongoing drain on tax revenue as a result of the failure of the Howard Government’s attempts to prevent “bogus contracting” from undermining the tax base.
Your Say: Daily Mail readers' feedback: Tax and the family home
Crikey readers weigh in on tax and the family home, the idea of community-funded reporting and the continual fight for equal pay for women.
A hard, tough and brutal tax debate is brewing
Tax reform shouldn’t be easy. Yet it is not clear that any reform will actually flow from the Henry Review, writes Sinclair Davidson.
Tips for tax cheats: who the ATO are going after this year
Want hints on how to be a tax cheat? Then read the new Australian Taxation Office compliance, where they actually tip you off on what they’re looking for.
$34 to veterans, $31 to East Asia and $2.35 to the Library: your tax at work
Finally, thanks to the glories of the internet, you can see exactly where your tax dollars are going. How much is being spent on welfare cheats or the communists at the ABC?
Looking out for the ladies: Australia’s future tax system
In considering the community’s aspirations for the type of society that Australia should become over the next two decades and beyond, which key features should inform or drive the future design of the Australian tax-transfer system?
