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Keywords: Taxation

  • AUSTRALIA

    Would you bet against inequality?

    • Andrew Hamilton
    • 03 October 2024

    In Andrew Leigh's new book, he argues that inequality matters because it threatens the sense of fairness that is central to our well-being, because inequality prevents the less well off from moving to relative affluence, weakens democracy, and erodes understanding of and commitment to the common good. 

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  • ECONOMICS

    The best way to tax?

    • David James
    • 23 August 2024

    The term 'reform' carries an ambiguous weight. It can signify progress but just as often masks harmful change. Paul Tilley’s Mixed Fortunes explores the messy evolution of Australia's tax system, revealing how reforms, far from delivering clarity or fairness, reflect deeper ideological struggles over power and economy.

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  • INTERNATIONAL

    The two American freedoms

    • Sarah Klenbort
    • 21 August 2024

    For a nation ‘conceived in liberty’, much of how this U.S. election will play out will hinge on different understandings of the word ‘freedom’, a term that has two distinct and separate meanings depending on whether the person you’re asking votes red or blue.

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  • AUSTRALIA

    The two worlds of Australian housing

    • Mark Gaetani
    • 08 August 2024

    The Parliamentary Budget Office has unveiled the staggering cost of Australia's negative gearing and capital gains tax policies. As the housing affordability crisis deepens, critics question whether politicians' personal interests are hampering reform in a nation where one in five taxpayers owns investment property.

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  • INTERNATIONAL

    On reading electoral entrails

    • Andrew Hamilton
    • 18 July 2024

    In the wake of recent elections in Britain and France, global democracies are seeing voters reject established parties amidst a deepening cycle of disillusionment. But can a return to honesty and integrity in politics break this downward spiral? 

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  • AUSTRALIA

    Is property investment our greatest vulnerability?

    • David James
    • 10 July 2024

    With soaring Australian house prices creating a generational wealth divide, the increasing inequity of the property bubble is damaging to Australian society. Could diversifying investment options, like industry super funds, lure people away from property and cool the market?

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  • AUSTRALIA

    Bring the second Australia out of the shadows

    • Mark Gaetani
    • 12 October 2023
    3 Comments

    Beneath the facade of Australian prosperity lies a hidden country where over three million citizens, including a staggering 761,000 children, grapple daily with the hard choices that come with poverty. With an urgent need for reform, what policy shifts could bring about the transformation this nation needs?

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  • AUSTRALIA

    Modest tax and super changes could fund major welfare boost

    • Mark Gaetani
    • 02 September 2023

    A new report for St Vincent de Paul Society suggests minor tax and welfare tweaks could lift 834,000 Australians from poverty. Amidst skyrocketing rents and income disparities, the call for an empathetic economic overhaul is louder than ever.

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  • ECONOMICS

    Labor’s embrace of Liberal tax policies leaves poor worse off

    • Chris Smith
    • 31 August 2021
    11 Comments

    In July, Anthony Albanese announced a significant change of stance on Labor tax policy which was disappointing, if not surprising. An elected Labor government, Albanese promised, would keep the coming high income tax cuts he previously opposed. This decision to not oppose the government proposal to restructure the income tax system through reduced marginal rates is supporting a government policy that will lead to a significant redistribution of wealth towards high income earners.

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  • ECONOMICS

    Burning down the house of inequality

    • John Falzon
    • 28 June 2018
    7 Comments

    If you accept the tenets of individualism, you are going to struggle to see why we should have anything but the most minimal level of taxation, and you wouldn't hold that taxation should be progressive to be fair. But the reality is that inequality is a political failure; not a personal one.

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  • ARTS AND CULTURE

    Three aspects of Australian racism

    • P. S. Cottier
    • 12 June 2017
    1 Comment

    It involves hoods, but less KKK than DDD - Don Dale Detention where the kids wear the hoods in a stunning display of regressive taxation. 2. Outsourcing pain to poorer places which we pay to exercise contempt on our behalf - washing red hands in the convenient sea. Who needs a wall? 3. Protecting Islamic women by shouting at them on streets for wearing religious freedom.

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  • ECONOMICS

    Budget's bank slug flouts the property precipice

    • David James
    • 10 May 2017
    3 Comments

    The $6.2 billion the government will raise through a levy on bank liabilities not only shows how out of favour banks have become, it is also, in effect, a de facto tax on property lending - a counterbalance to negative gearing and capital gains tax breaks. It is a tax on property lending because nearly all the banks' loans are mortgages for housing, or business loans secured with property. Of course the banks will pass the extra cost on to their customers, so it becomes a tax on borrowers.

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