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

Report Card on State Finances
Robert Carling
19 February 2017 | RR23

The Commonwealth government’s perilous financial position is well known, but the finances of state government also warrant our attention. In aggregate, since plunging heavily into deficit after 2007, the states’ fiscal position has improved markedly in recent years, marked by a return to net operating…

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…

Media & Commentary

When 50 per cent off is no bargain
Robert Carling
22 February 2017 | The Spectator: Flat White

Reducing the 50% capital gains tax discount is one of a welter of tax ideas to receive attention in the week since Treasurer Scott Morrison flagged tax increases as an…

Report Card on state finances
Robert Carling
19 February 2017 | Media Release

If the states were a school class being marked on fiscal discipline and frugal government, Western Australia would lag the cohort with a C-, South Australia and Tasmania would score…

Serial attacks on tax cuts
Michael Potter
17 February 2017 | Ideas@TheCentre

Company tax reductions are under constant attack, often caught up in the standard belief of the left that big business is bad. The latest argument is that the largest 15…

Big business is bad?
Michael Potter
15 February 2017 | Catallaxy Files

A standard refrain of the left is ‘big business is bad’. It pops up in many guises, and the latest is in a claim that corporate tax cuts will disproportionately…

MEDIA RELEASE: Urgent need for company tax cuts, says Kelly O'Dwyer
10 February 2017

There is an urgent need for company tax cuts and there must also be a focus on income tax reform, the Minister for Revenue and Financial Services, Hon Kelly O’Dwyer MP, said…