Tuesday, April 14, 2020

Young to be saddled with coronavirus debt bill without major tax reform, ANU tax expert Professor Robert Bruenig warns

Does the $320 billion coronavirus debt bill create an opportunity for big tax reform? 

Australian National University tax expert Professor Robert Bruenig says the family home should be in aged pension assets test, the goods and services tax should be raised, death duties considered, and state stamp duty replaced by land tax. 

ABC's Peter Ryan says tax reform is risky and potentially toxic for both major parties.

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