What the rich would do to avoid tax
Is economics a science? When we teach economics students, we usually tell them that they are learning about “the science of the efficient allocation of scarce resources”. But when we listen to public debate, often economists don’t sound very scientific. While it is often said that science can’t proceed without failure, it’s rare to hear an economist admit that they were wrong.
Related documents
Between the Lines Newsletter
The biggest stories and the best analysis from the team at the Australia Institute, delivered to your inbox every fortnight.
You might also like
10 reasons why Australia does not need company tax cuts
1/ Giving business billions of dollars in tax cuts means starving schools, hospitals and other services. Giving business billions of dollars in tax cuts means billions of dollars less for services like schools and hospitals. If Australia cut company tax from 30% to 25% this would give business about $20 billion in its first year,
The changes to superannuation tax concessions are needed and very fair
The arguments against the government’s changes to the taxation of superannuation are nothing more than lies and fear.
Business groups want the government to overhaul the tax system? Excellent – we have some ideas.
The landslide win by the ALP has seen business groups come out demanding the government listen to their demands despite having provided them no support, and plenty of opposition, over the past 3 years.