corporate tax

You Think The Coalition Is Bad? Look At Labor’s Policies
22 August 2018

You Think The Coalition Is Bad? Look At Labor’s Policies

Politics in a stable democracy should be boring, even relaxed and comfortable. Yet since the fall of the Howard government in 2007 Australian politics has been exciting– almost a blood sport. The population is certainly not relaxed nor comfortable. Malcolm Turnbull as Prime Minister appeared well on his way to changing all that. Re-election looked possible, even likely. The shenanigans in Canberra
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29 June 2018

A Class Divide That’s Too Wide

Sometimes political parties create their own narratives, and sometimes those narratives are created for them. Right at the moment Bill Shorten’s Labor Party is doing a good job at creating the Coalition government’s narrative. This week’s announcement by the Labor Party that if it wins government the reductions in the corporate tax rate for companies with a turnover of more
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Half Of Australian Workers Worse Off Under Shorten Company Tax Thought Bubble
28 June 2018

Half Of Australian Workers Worse Off Under Shorten Company Tax Thought Bubble

Free market think tank the Institute of Public Affairs has today released new analysis based on Australian Bureau of Statistics data, which finds that almost half of Australian workers would be worse off under Labor’s plans to increase company taxes. Bill Shorten this week announced he would reverse legislated company tax cuts for businesses between $10-$50 million turnover. The data
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3.55 Million Workers Will Benefit From Enterprise Tax Plan No.2
26 June 2018

3.55 Million Workers Will Benefit From Enterprise Tax Plan No.2

The Coalition’s proposed Treasury Laws Amendment (Enterprise Tax Plan No. 2) will reduce corporate taxation from 30% to 25% over 2019-2027 for all businesses.1 This builds on Treasury Laws Amendment (Enterprise Tax Plan) Act 2017 which reduced corporate taxation from 28.5% to 27.5% for companies under $25 million turnover in 2017-18, and from 30% to 27.5% for companies under $50
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Six Myths About The Business Tax Cut
5 February 2018

Six Myths About The Business Tax Cut

Our new research brief debunks six myths surrounding the Turnbull government’s proposal to cut the company tax rate to 25 per cent from 30 per cent. Australia has a high corporate tax rate compared with other nations. Reducing the tax rate will increase investment, which will increase competition, output, and, consequently, the demand for Australian workers. This will raise both
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Senate Must Cut Australia’s High Business Tax
21 December 2017

Senate Must Cut Australia’s High Business Tax

“Australia must cut its high business tax rate so that Australian workers, consumers, and shareholders can keep more of their earned income,” said Daniel Wild, research fellow with the free market think tank the Institute of Public Affairs. President Trump is expected today to sign into law a reduction in the United States’ corporate tax rate from 35 per cent
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Australian Taxation Office Vindicates IPA Research And Admits Corporate Tax Avoidance Is Relatively Modest
16 March 2017

Australian Taxation Office Vindicates IPA Research And Admits Corporate Tax Avoidance Is Relatively Modest

“Comments made today by the Tax Commissioner Chris Jordan that corporate tax avoidance is a minor issue vindicate Institute of Public Affairs research”, said Chris Berg, postdoctoral fellow at RMIT and senior fellow at the Institute of Public Affairs. In comments reported by the Australian Financial Review today, Commissioner Jordan argued that while “everyone is focusing on the large multinationals
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