Hockey warns on tax reform, Abbott buries it

By Leith van Onselen

Treasurer Joe Hockey has penned an article in The Australian calling for tax reforms that lower the burden on ordinary workers:

We cannot afford to have a tax burden that stifles growth and costs jobs. We can’t just view the tax system and taxpayers as a collection pool of unlimited funds. So in developing a better tax system, we need to consider the sustainability of our heavy reliance on income tax, especially personal income tax. This is because we need to take into consideration the negative impact and disincentive of higher taxes.