The Commonwealth must drive tax reform

Advertisement

Liberal MP, Tim Wilson, believes that Australia’s tax system is “broken”, and stresses the need for the states to undertake their own tax reforms:

Federal Liberal MP Tim Wilson spoke out to warn people were “losing” from the “broken” and “out-of-date” federal-state tax system…

Mr Wilson, chair of the House of Representatives economics committee, said: “Australia’s broken tax system is completely out of alignment with the demands of the 21st century, and every year we don’t re-base it gets further out of date.

The full text of this article is available to MacroBusiness subscribers

$1 for your first month, then:
Cancel at any time through our billing provider, Stripe
About the author
Leith van Onselen is Chief Economist at the MB Fund and MB Super. He is also a co-founder of MacroBusiness. Leith has previously worked at the Australian Treasury, Victorian Treasury and Goldman Sachs.