It's time to fix Australia's leaky tax sieve

Selective tax policies have reduced government revenue by 8 per cent of GDP. The 'budget emergency' has little to do with spending and much to do with an inefficient tax system.

If the Coalition is serious about addressing our ‘budget emergency’, then it should start with the billions of dollars in foregone revenue that the government fails to collect annually via selective and differential tax policies. Simply slashing expenditure won’t cut it.


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