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Applying the GST on items including food would complement other tax initiatives.

Put all options on tax table

Each of us likes to think we have the silver bullet solution to the pressing issues of the day – from the environment to superannuation to tax. However political reality most often means good policy ideas get thrown into the too-hard basket in the face of pressure from lobby groups and vested interests.

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Bull Creek
Send this to Turnbull and Shorten.

My lawley
I don't disagree

If your going to go that far, given our tax revenue goes to fund the various govt departments in the country, how about you set some boundaries on spending! This is why tax reform has become so important.,,we don't have enough money. And don't forget we are only a population of some 25m people. We need more people to expand the tax base but we can only do this if we promote jobs and industry.

PERTH
Dump stamp duty on business restructures: growing businesses wishing to restructure are able to claim appropriate rollovers to enable them to do so but many are then put off by the huge stamp duty slug, hence the transaction does not proceed - so no revenue is raised anyway!!

Perth
I would like to see some global framework on international taxing to stop companies and individuals taking advantage of tax havens. Thats where tax policy really matters.

Thanks, Brenton. Due to space reasons, it's not a complete list. But that kind of thing would be on it.

Perth
Our politicians needs to read this article ASAP and start making the tough (correct) decisions about our economy.

South Perth
Very good article thanks David. Personally I think the biggest change needed is to tax Pension phase of super income again. Letting that be tax free plus paying back all imputation credits is too generous and certainly doesn't fit the 'fair' criteria!

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