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Australian Tax Reform: Which Way Ahead?

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  • John G. Head

Abstract

While the 1980s saw major changes to the Australian tax system which sought both to reduce avoidance and evasion and to reform the base structure of income tax, there are design deficiencies in some of these changes which must be attended to. Also a much closer approach to comprehensive and consistent taxation of investment income should be attempted. On the side of indirect tax the replacement of the wholesale sales tax by a broadly based value added tax is highly desirable, but is unlikely to be achievable politically unless lpart of a strategy which combines sales tax reform, tax mix change and income tax reform. In any case, meaningful and durable reform of the tax system requires a basic community consensus which cuts across sectional interest groups and political parties.

Suggested Citation

  • John G. Head, 1990. "Australian Tax Reform: Which Way Ahead?," The Economic and Labour Relations Review, , vol. 1(2), pages 81-107, December.
    • Handle: RePEc:sae:ecolab:v:1:y:1990:i:2:p:81-107
    DOI: 10.1177/103530469000100206
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    References listed on IDEAS

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    1. Summers, Lawrence H, 1981. "Capital Taxation and Accumulation in a Life Cycle Growth Model," American Economic Review, American Economic Association, vol. 71(4), pages 533-544, September.
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    1. M. Cashel & P. A. McGavin, 1992. "Removing Poverty Traps: Taxation and Welfare Reform in Australia," The Economic and Labour Relations Review, , vol. 3(2), pages 98-114, December.
    2. Cedric Sandford, 1992. "Worldwide Tax Reform ‘How Does Australia Compare?’," Australian Economic Review, The University of Melbourne, Melbourne Institute of Applied Economic and Social Research, vol. 25(1), pages 22-32, January.

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