taxation - Economics Students Society of Australia

taxation

A collection of 10 posts

Do we need a global minimum corporate tax?

global minimum corporate tax rate

Do we need a global minimum corporate tax?

What is a global minimum corporate tax? A global minimum corporate tax would set the same minimum tax rate for companies globally, regardless of their operational locations. The tax rate, alongside the proposal to tax businesses solely based on their locations of profit, are the two core pillars of the

The Backpacker Tax: just more money in the government’s rucksack?

The Backpacker Tax: just more money in the government’s rucksack?

Every Christmas, European families are regaled with tales from one sunburnt relative’s summer trip to Australia, where they spent a few months picking apples and the remainder of the time travelling around the vast continent. Since 1975, when the Working Visa program was established, tourists from around the world

No taxation without contemplation

No taxation without contemplation

‘No taxation without representation’ was the war cry that drew the American people from apathy to avid opposition at the onset of the American Revolution. Today, we do not face the same peril of colonial burden experienced by the founding fathers. But we do face taxation peril at the hands

Tax me if you can

Tax me if you can

The recent tax white paper issued by the federal government has opened up a debate over the tax system in this country. Many people are looking for ways to both address the deficit and boost economic growth. This balancing act is an extremely difficult task, so we shouldn’t necessarily

How Victoria should tax property

How Victoria should tax property

Many may be surprised to learn that Victoria has a land tax on the books. However, the low rates mean the revenue raised is far from substantial, and the numerous exemptions, not least of which is that of the primary residence, mean that the supposed efficiency gains from the tax

Time for the states to have income tax?

Taxation is something all economists know about. As undergraduates, we learn about the costs created by taxation when it distorts incentives. In first year the cost is represented by a deadweight loss triangle. In later years we learn more about the costs of taxation. We see how taxation can have

Taxing online shoppers: should we decrease the GST threshold?

Taxing online shoppers: should we decrease the GST threshold?

There has been much speculation recently about whether the GST should be increased, and by what means. With a federal budget looming that is likely to have us shaking in our boots; with the “age of entitlement” swiftly coming to an end; and with budget cuts ranging from education to

Letter to the Editors: the party of euphemisms?

Letter to the Editors: the party of euphemisms?

First and foremost, I would like to welcome Rao’s contribution to the political discourse and his love for Orwell. Sadly it has become commonplace in Australia (and around the world) for citizens to be disillusioned, disinterested and disenchanted with the state of modern politics. Nonetheless, while his two cents

Finger lickin’ good: will Australia get a taste for a sugar tax?

Finger lickin’ good: will Australia get a taste for a sugar tax?

I’m in McDonald’s, eating my favourite chicken McNuggets with fries and a large coke. Delicious. Nothing gets better than this. Apart from that Cadbury Boost bar I had earlier today. Or the meal at the Pancake Parlour a few nights ago. Or the gigantic Toblerone I gobbled up

Rodney Maddock explains public debt

Rodney Maddock explains public debt

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