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2015-12-11

Treasurer Morrison's excellent stance on tax reform

Comments on Michelle Grattan "COAG finds agreement on terrorism but still looking for common direction on tax", 11/12/2015

The Treasurer, Scott Morrison, should be commended for arguing that the main problem for governments are spending not revenue and that tax reforms should be undertaken to improve the efficiency of the tax system but not for increasing the overall level of tax intake. Let’s hope he will stick to it and will be supported by the Prime Minister, Malcolm Turnball.

The states, if they wish, should levy their own taxes. Why can’t any of the states and territories, levy their own GST, if they think they need the revenue? Whoever levy additional GST, they should face their own electorate for their action to increase taxes.

Alternatively, they could increase and/or expand their land taxes. Land tax is an efficient tax.

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