Both sides ignore our $20 billion con

Australia's tax system is distorted to the tune of $20 billion. While it means some short-term political gains for Kevin Rudd, many of his 'gifts' are just smoke and mirrors.

Labor’s decision to hand $450 million to schools in outer suburban areas to help them provide before-school and after-school care to children is smart enough policy, and it will win a few votes. However, it is also another example of tinkering with a tax/benefits system that needs a total overhaul.

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