Tag: tax

It has been apparent for more than a decade that fuel tax is an unsustainable and inequitable way to fund Australia’s roads and that it should be replaced by a road-user charge.

The announcement by the NSW Government that it will abolish stamp duty and replace it with an annual property tax proves that bold tax reform is possible beyond merely giving big socially destructive income-tax cuts to the wealthy.

In all, the Baby Boomers have had a pretty good run and a lot of them are only continuing that run because the lockdowns have saved their lives. It is time for repayment and to give the younger generation a (tax) break.