Tax

The aim of the research at the CIS is to work towards an efficient and predictable tax system that does not impose too great a burden on the economy.

Publications

Fix it or Fail: Why we must cut company tax now
Michael Potter
04 October 2016 | RR20

Australia needs to cut company tax to 25% to boost business investment, which is currently at recessionary levels. An investment boost will grow the economy, leading to increased wages, employment, national income, exports and productivity. Business investment is being hampered by our uncompetitive company tax,…

Submission to the Senate Inquiry into Enterprise Tax Plan Bill 2016
Michael Potter
30 September 2016 | CIS Submission

The growing company tax burden contrasts with the state of the economy, which is showing some weaknesses and facing substantial risks — as discussed later in this paper. Australia’s company tax system is not well placed to address these risks. The tax rate was 49%…

The case against tax increases in Australia: The growing burden
Michael Potter
07 June 2016 | Research Report 15

View Interactive Snapshot The tax burden imposed by the Commonwealth Government alone, and by all Australian governments, is above its historical levels and forecast to go well above these averages. Similar results are obtained if the budget deficit is included to measure the long-run tax…

The case against tax increases in Australia: The growing burden
Michael Potter
07 June 2016 | Research Report 15

View Interactive Snapshot The tax burden imposed by the Commonwealth Government alone, and by all Australian governments, is above its historical levels and forecast to go well above these averages. Similar results are obtained if the budget deficit is included to measure the long-run tax…

How to play the man not the ball
Rebecca Weisser
27 May 2016 | ideas@TheCentre

Negative gearing has yet again been splashed in the media this week. On Tuesday, a draft report arguing against the ALP’s proposed changes to negative gearing and CGT was leaked to the press. The report was criticised because it was commissioned by Greg Paramor, managing…

Media & Commentary

Welcome to economic reality, Mr President
Robert Carling
20 January 2017 | Ideas@TheCentre

How fast can the US economy grow? There is a lot riding on the answer, not just for Americans themselves but for the global economy too. During the recent election…

Good news seen as sign of problem
Michael Potter
13 January 2017 | Ideas@TheCentre

Former Labor Treasurer Wayne Swan found the publication of the 2016 OECD Better Life Index late last year to be a great disappointment, saying that it ‘shows why we must…

Why we can't be sure if we're in a housing price bubble
Michael Potter
11 January 2017 | Business Insider

House prices are out of control in some Australian capitals. And now comes a proposal that this should be countered by halting interest rate cuts — a move that would…

Magic disappearing money and arguments against fiscal policy
Michael Potter
10 January 2017 | Catallaxy Files

Government budget surpluses result can result in the penury of the private sector, according to a media piece this week. But this argument against surpluses can easily be transformed into…

Meet the new political year, same as the old political year
Simon Cowan
06 January 2017 | Canberra Times

The first week of a new year always feels different — unless you are still hungover, in which case it feels very familiar. But with a clear head, the sense…