Henry review

Investors understand economics re Resource Rents

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photo credit: Robbert van der Steeg Surprise! A new Age survey found that investors were concerned about the Henry Review’s proposed Resource Rent Tax: … a staggering 92 per cent believed that the higher taxes would hurt the share prices of resource stocks. Long-term effects were also considered, with 25 per cent believing that a […]

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Raising Revenue from Mineral Deposits

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photo credit: ToOliver2 Dr Gavin Putland Taken from the Dec – Jan edition of Progress.

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Liberal Party’s report favours guess what?

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photo credit: Hyaground Peter Martin, the journalist with the biggest sieve (catching all those Henry Tax report leaks), wrote recently on the LP’s highly secretive Ergas report: The report proposes an annual land tax that would extend to the family home and would be used to fund the abolition of real estate stamp duty. ”It […]

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Henry Review Rumours re Land Tax

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photo credit: mugley The plot thickens with Glenn Milne reporting THE Federal Government’s biggest tax inquiry in more than two decades is set to propose a national land tax, a new resource tax and a congestion tax for clogged cities. The Henry Review, by Treasury head Ken Henry, is also expected to canvass a federal […]

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Tax experts talk our way

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photo credit: ViaMoi Re the AFTS Tax Forum in Melbourne late last week, a number of articles came out highlighting points favourable to our cause. Tim Colebatch writes in Scrap Negative Gearing: The review, chaired by Treasury secretary Ken Henry, is due to deliver its report to the Government by the end of this year. […]

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Henry Review Exclusions

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photo credit: Pulpolux !!! The Business Council of Australia wants to raise GST in return for a halving of corporate tax rates in its latest Henry Review submission. This will increase the regressive rate of taxation upon the less privileged. With effective corporate tax rates at barely 5% due to the plethora of tax loopholes, […]

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Land Value Taxation: Solving the Efficient Tax Problem

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photo credit: spike55151 Dr Terence Dwyer  – B.A. (Hons) B.Ec. (Hons) (Syd.) M.A. Ph.D. (Harvard), Dip. Law (Syd.), FTIA, Visiting Fellow, Crawford School of Economics and Management, Australian National University. Dr Dwyer’s Submission to the Henry Tax Review Executive Summary The Treasury tax paper acknowledges the three factors of production but needs to follow through […]

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Two cheers for Ken Henry

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photo credit: robsv by Gavin R. Putland A speech by Treasury Secretary Ken Henry on “The Future of State Revenue”, delivered on Mar.27, belatedly received some coverage in the Australian Financial Review on May 5. At one point Dr Henry said: Globalisation means that the things governments tax are becoming increasingly mobile. This has implications for […]

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Henry Review another mash up of compromises

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photo credit: Dunechaser It seems that another whitewash of economic theory is being subtly thrust upon us with the ongoing Henry Tax review. According to Henry, he has re-written economic theory. The 3 sources of taxation are now labour, capital and consumption. The Corruption of Economics continues with Land, the most essential of all factors […]

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