This morning I was talking tax on 2ser‘s breakfast program with Mitch Byatt. We focussed on state finances and today’s tax meeting between state premiers and the Prime Minister. An increase in the GST is on the table but, in the interview, I suggest they should pay heed to a recent Treasury report (that I referred to in my last Conversation article) showing that land taxes are bar far the most economically efficient option for shoring up state finances. Land taxes also don’t require complex and expensive compensation packages that must accompany any increase in the GST.
You can listen to the five minute podcast of the interview here.
Thanks Mitch and 2ser.