Tax – The Centre for Independent Studies

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

Lower Company Tax to Resuscitate the Economy
Jeff Bennett, Michael Potter, Tony Makin
06 July 2020 | PP31

In response to the economic contraction of the COVID-19 pandemic, the federal and state governments have dramatically expanded the scope and scale of state involvement in the economy. This massive spike in government spending continues to be funded by increased government borrowing that has put…

A Fiscal Vaccine for COVID-19
Tony Makin
10 June 2020 | PP30

The fiscal response to the Covid-19 crisis ensures that the federal and state governments will experience large budget deficits and escalating public debt for the foreseeable future. Federal government debt could for instance conceivably double to over $1 trillion within a few years in the…

State Finances after the Pandemic
Robert Carling
28 May 2020 | PP29

The strength of Australia’s government finances is an important dimension of economic performance as it helps set the foundations for the delivery of public services, the flexibility governments need to respond to unexpected events and a stable fiscal environment for private sector investment. This strength…

Jumpstart Productivity: New modelling pinpoints better tax cut program
John Humphreys
15 October 2019 | PP24

Treasury modelling of the government’s tax changes make the strange assumption of no behavioural change, leading them to ignore economic efficiency and overestimate the revenue implications. Proper modelling provides crucial further information: The Low-Middle Income Tax Offset (LMITO) does nothing to improve economic efficiency and…

Millennials and Super: the case for voluntary superannuation
Simon Cowan
28 May 2019 | PP20

Superannuation is not a good deal for everyone. As a result of house prices increases, it has become much harder to save for a deposit and, as a result, homeownership percentages among younger workers have fallen. Superannuation, particularly future increases in the guarantee rate, is…

Media & Commentary

The Long Road Ahead for NSW Property Tax Reform
Robert Carling
13 October 2021 | Epoch Times

Dominic Perrottet’s elevation from treasurer to Premier of New South Wales (NSW) has brought attention back to his long-term plan to replace the stamp duty on property transactions with an…

OECD's tax reform proposal for Australia is hard to disagree with
Robert Carling
26 September 2021 | Canberra Times

Calls for tax reform are always grist for the headline writers’ mill, especially when they come from an international organisation. So it was with the recent economic survey of Australia…

Labor's tax backflip poses a bigger question: Why is treating people equally is increasingly seen as unfair?
Simon Cowan
31 July 2021 | Canberra Times

Labor has formally announced it will abandon many of the tax policies it took to the last election. Significantly, they have committed not to overturn the government’s legislated stage 3…

Labor’s Landmark Tax Reversals Are Welcome, but Budget Deficits Now Look Enshrined
Robert Carling
30 July 2021 | Epoch Times

Sidelined by this week’s news of gold medals in Tokyo, and an expanding COVID-19 outbreak in Sydney, was the Australian Labor Party’s announcement they would no longer look at proposed…

Woke Social Engineering With a Big Price Tag: Victorian Budget
Robert Carling
24 May 2021 | The Epoch Times

One of the most intriguing announcements in last week’s Victorian state budget was the removal of a land tax exemption for gender-exclusive clubs (affecting men-only or women-only clubs). It was…