Raise taxes to reduce inequality

Despite unprecedented economic prosperity over the past twenty years, income inequality is still rising in Australia. Radical change – including tax reform – must take place to address this imbalance.

In order to address rising income inequality in Australia we must start by reforming campaign financing and addressing taxation. Our tax system must become more progressive and the government must reduce and replace wasteful tax expenditure.

On Wednesday, following the release of an Oxfam report Working for the Few, I addressed the problem of rising income and wealth inequality in Australia (Australia’s inequality shame can no longer be ignored, January 22).

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