by Karl Fitzgerald | Nov 1, 2007 | Talking Points
Since the Howard government gained control of the Senate, we have been hearing numerous proposals for reducing the top marginal rate of income tax. The excuse is that high marginal rates reduce the incentive for wealth creation and encourage tax minimization....
by Karl Fitzgerald | Nov 1, 2007 | Talking Points
SPIN: The Family Home is exempt from land tax. (And all the people shall say: Amen.) FACT: If home buyers don’t have to pay land tax, they can afford higher mortgage repayments, hence higher prices. While the price of a house is limited by the cost of...
by Karl Fitzgerald | Nov 1, 2007 | Talking Points
The Howard government’s industrial relations agenda attacks the wages and conditions of workers as if this were the only way to reduce the cost of hiring. What about the administrative costs imposed by government? For example: If you become an employer, you must...
by Karl Fitzgerald | Nov 1, 2007 | Talking Points
A rental property is said to be negatively geared if the owner’s expenses (including mortgage interest and maintenance) exceed the rental income, so that the property makes an annual loss. If the tax system allows negative gearing deductibility, that loss can be...
by Karl Fitzgerald | Nov 1, 2007 | Talking Points
Who are the real winners and losers under the Howard government’s industrial relations reforms? We think you can work it out for yourselves. Here are some hints: 1. If workers in firms with less than 100 employees have lost their protection against unfair...