diddly-squat said:

Witty Rejoinder said:

captain_spalding said:

“For example, the Australia Institute suggests the government could wind back some of its subsidies to private schools, saving up to $21 billion a year. Or, it could reduce superannuation tax breaks for high income earners, giving it back $65 billion in forgone revenue.

The government could also abolish the luxury car tax exemption for big utes, saving $250 million a year for vehicles which impose substantial costs on society including higher carbon emissions, road damage and safety risks.”

And i thought Trump lived in a dream world!

Abolishing the Super tax breaks could fund huge tax cuts for those on low and middle incomes. Labor should take this to an election and hope the promised tax cuts for most people will convince them to give Labor another term.

totally agree.. The Australian (income) tax system needs to be dramatically simplified. We should cap all deductions/rebates at say $10k and that in of itself would probably allow us to reduce income tax rates across the board.

Yes.