Reforming the Australian tax-transfer system
The tax policy agenda in Australia for more than a decade has been largely driven by a perceived need to reduce the level of income taxation and the progression of marginal rates, financing the revenue shortfall with a broad based consumption tax. A major reform of this kind is now being implemented under the Howard plan for “a new tax system”. Recent debate has turned to the possibility of an Earned Income Tax Credit scheme as a solution to the problem of an emerging class of working poor...[Show more]
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