Articles on Tax expenditures
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Estimates produced by the Grattan Institute and the Treasury assume that the right tax treatment for income from retirement savings is the same as income from other savings.
Asked to choose the fairest ways to raise billions, half of the economists backed introducing inheritance taxes. Around a third chose winding back super tax concessions and increased resource taxes.
Tax breaks cost a lot of money, but that doesn’t mean they are unfair. Cutting them will not raise as much as you might think. Here’s why.
The Treasurer pointed out the majority of the about $50 billion in super tax breaks go to high income earners
Our research shows the co-contribution scheme does little to help low and middle-income earners. The new Albanese government should consider discontinuing it – saving hundreds of millions of dollars.
The Australian government’s spending on its biggest tax concessions has jumped 24% in the past year.
We are failing to collect and giving away in tax concessions hundreds of billions.
It is widely believed that compulsory super saves the government money on pensions. It does, but nowhere near enough to pay for the accompanying tax concessions. Lifting compulsory contributions will make things worse, for a century.
Focus on what they’re doing, not on whether they say it’s spending or a tax cut.
Congress may have averted a shutdown, but don’t get too excited, warns a Harvard budget expert. The deal isn’t sustainable long term.
In recent days it’s been suggested the Commission of Audit should look at so-called tax expenditures as well as government spending as traditionally defined. Writing in the Australian Financial Review…
In the lead-up to a crucial federal budget in May, it could be argued that requiring the Commission of Audit to identify revenue trends that could pose a risk to the budget’s structural integrity could…











