Now is the critical time to elevate the national debate from the company tax rate to a wider tax reform agenda.
In the lead-up to the Federal Budget, it is more important than ever to spark a public debate on the level of taxation in Australia. Instead of cutting taxes we as a nation need to instead focus on tackling tax avoidance, closing tax loopholes and unfair tax concessions in order to build a stronger revenue base for the nation.
Will you add your name calling on all political leaders to focus on building a strong revenue base for the nation?
Australia needs a stronger revenue base.
In order to fund the services and infrastructure that Australia needs, we need more tax — not less.
Australia Institute research shows that Australia is a low taxing country. In fact, we are one of the lowest taxing nations in the OECD.
Ultimately, business will best flourish if a decent, cohesive society is maintained.
In the lead up to the 2018 federal budget and the next federal election:
We call upon all political leaders to reject a tax cuts race to the bottom, and instead focus on tackling tax avoidance, closing tax loopholes, and unfair tax concessions in order to build a stronger revenue base for the nation.