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Search Results: taxation

  • AUSTRALIA

    The GST and Abbott's fair go for all

    • Michael Mullins
    • 07 April 2014
    7 Comments

    Federal Treasury secretary Martin Parkinson has called on the Government to increase the GST. In isolation this would hurt the poor and benefit the rich. But it could help the common good if it is part of a tax reform package that cuts tax avoidance strategies for high income earners, including superannuation concessions, negative gearing and trusts.

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  • RELIGION

    Church plays part of Christmas villain

    • Andrew Hamilton
    • 19 December 2013
    14 Comments

    Christmas tells the story of a God who entrusted Christ as a baby safely to the care of Mary and Joseph in a markedly hostile secular environment. The stories told at the Royal Commission are of parents who entrusted their children unsafely to the care of representatives of the Church. The face of Herod in our day is not that of a persecutor who threatens the church from without. It is that of a minister of the church who betrays from within.

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  • ECONOMICS

    Change tax tack to take power back

    • Jean-Paul Gagnon
    • 18 November 2013
    15 Comments

    What if citizens were given the chance to fill out a preference form online as part of their own personal, digital tax portal? You could choose to pick 'below the line' and individually choose what your tax money can and can't be spent on. For example you might like to spend on funding public schools, the bullet train, hospital supplies and museums, and not to spend on nuclear power plants, weapons development, or the automotive industry subsidy.

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  • AUSTRALIA

    The case for funding legal services with public money

    • Andrew Hamilton
    • 08 November 2013
    3 Comments

    From a liberal perspective the use of public money to fund free legal services to individuals is inherently undesirable. Even if the contracts are awarded under competitive tendering, the funding of the services is a distortion in the market. Ideally they should be left to the market to provide. And by definition they are less efficient than commercial organisations disciplined by a free and competitive market.

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  • AUSTRALIA

    Cackling geese and taxes

    • Andrew Hamilton
    • 07 November 2013
    23 Comments

    Whenever public funds are made available for frowned upon projects they are described as taxpayers' money. When I hear the phrase roll from critics' lips, I imagine taxpayers as prune faced and laser lipped, or like children watching with beady eyes as their mother cuts the cake, ready to howl if their slice of the cake is the smaller half by a crumb or two. Underneath the phrase usually lies a view of life in which the market is a sacred site.

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  • AUSTRALIA

    Big and little crooks of politics

    • John Warhurst
    • 01 November 2013
    12 Comments

    Unethical misconduct by public figures, proven and alleged, is in the public eye almost daily. No one is above suspicion, including Prime Minister Tony Abbott and former Prime Minister Julia Gillard. Is it a case of a few bad apples or are there systemic problems? There are levels of seriousness in these cases and it is helpful to disaggregate them to keep a sense of perspective.

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  • ECONOMICS

    Boost budget by chopping charities' tax take

    • David James
    • 27 August 2013
    3 Comments

    Australia is one of only a few countries in the world that has a franking credit system. Though it is designed to stop 'double taxation' on company tax, in many cases it ends up being a 'double reward' for entities that already have tax favoured status. Last year the Tax Commissioner generously refunded over $500 million to charities and not-for-profits on dividends because they pay no tax.

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  • AUSTRALIA

    Australia's shrinking moral and intellectual horizons

    • Ray Cassin
    • 05 August 2013
    5 Comments

    It is economically illiterate nonsense to equate the state of the budget with the state of the economy, yet Labor and the Coalition have acquiesced in the view that delivering a surplus is the sole indicator of responsible economic management. If this election campaign fails to inspire many voters and drives some to disengage, it will be in large part because of where the contending parties stand or, more importantly, refuse to stand. 

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  • INTERNATIONAL

    Party games in darkening Canberra

    • Benedict Coleridge
    • 22 March 2013
    10 Comments

    Our political leaders are suffering from the disenchantment of the electorate. Canberra and its political hackery has less appeal now than it's had for a long time. It might be worth listening to Bob Hawke, who recently unwittingly echoed the seniment of French philosopher Simone Weil's essay 'On the Abolition of All Political Parties'.

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  • EDUCATION

    Public schools' charity case

    • Dean Ashenden
    • 15 February 2013
    7 Comments

    A survey released this week found that the lion's share of philanthrpopic giving goes to independent non-government schools. Gonski devoted an entire chapter to the question of how private cash can be got to where need is greatest. The Government should act on his recommendation, but not before beefing it up.

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  • AUSTRALIA

    Philanthropy should be a condition of tax relief

    • Michael Mullins
    • 11 February 2013
    6 Comments

    Business Council of Australia president Tony Shepherd justifies superannuation tax concessions for the wealthy: 'We go to work, we get paid. The money is ours.' In the USA, philanthropy is common among self-made men. There is no such tradition here, where taxes are needed to fund welfare and other projects for the common good.

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  • AUSTRALIA

    Tax justice for unpaid carers

    • Michael Mullins
    • 04 February 2013
    8 Comments

    Last week the political leaders were brawling over assistance payments for middle-class Australians, with Tony Abbott claiming to be promoting 'tax justice for families'. A new Human Rights Commission report has shown how our super and tax systems fail unpaid carers, who are needed to sustain many families. But not the ones whose votes matter most.

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