The long term tax plan we announce today will strengthen the economy and make the tax system fairer and simpler for Australian working families and businesses.
These are the first steps in a 10 year agenda that will help ensure we share prosperity fairly, maximise our opportunities, and keep Australia in the box seat as the global recovery gathers pace.
Australia faces important decisions about how we structure our tax system.
This package is carefully calibrated to make the most of the opportunities presented by commodity boom mark II, but also to address the challenges that it presents.
This is a long term plan to apply a Resource Super Profits tax to the profits earned from resources that are owned by all Australians, and use it to:
generate more superannuation savings for working families;
lower tax for all companies, especially small businesses; and
invest in our future infrastructure needs, particularly for mining states.
Excerpt from Treasurer Wayne Swan's joint press release with Australian Prime Minister Kevin Rudd, 2 May 2010
Rudd Government's intended tax reforms outlined at Stronger-Fairer-Simpler: a tax plan for our future
Henry Tax Review Final Report:
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Final Report: Part 2 - Detailed Analysis - Volume 1 |
Final Report: Part 2 - Detailed Analysis - Volume 2 |
1 comment:
'The long term tax plan we announce today will strengthen the economy and make the tax system fairer and simpler for Australian working families and businesses.'
I really am jack of this working families crap, although I suppose we ought to be grateful for the explicit recognition that Labor couldn't give a continental about anyone who isn't feverishly labouring in the great capitalist economy.
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