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Ken Henrys tax reform (Read 197 times)
Sprintcyclist
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Ken Henrys tax reform
Sep 2nd, 2013 at 11:57pm
 

Karnal said  Quote:
........The mining tax was first proposed by Ken Henry. It was part of an entire reform of the Australian tax system and the economy, post-mining boom.

It included measures like scrapping stamp duty on home sales to allow more mobility in the housing market, lowering company tax to stimulate development, and raising superannuation from 9 to 12% to create a greater pool of Australian investment and raise retirement income.

The current government picked ideas it liked, and knocked back others. The Henry review also wanted a 5% rise in the GST, which would be a hard sell, but Labor implimented the mining tax and have a date to raise super........


If the libs get in, they should bring the henry review in in pretty much its entirety
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