Tax settings and inequality

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It is time to recognise that taxes are more than simply the price of civilisation: they profoundly shape our economy and society.

Excerpt: 

As Australian Fabians members, we have written a new essay on -  TAX SETTINGS AND INEQUALITY.

As the dust begins to settle around what's left of the Turnbull government’s “Enterprise Tax Plan,” our nation needs a completely different conversation about taxation policy.

The decisions to be made about taxation - such as how much is to be raised, and by what means - affect much more than just finding the revenue to secure the provision of necessary services.

They are decisions about, and determined by, how we see ourselves, and one another. Decisions about taxation are decisions about the sort of future we, as Australians, see for our nation, and for ourselves.

Today, Australians are experiencing record levels of inequality. Unchecked, this will get worse, separating the experiences and opportunities of Australians, dampening all of our prospects.

We are on course for a future which promises a new Gilded Age for a lucky few, at the expense of confined and insecure lives for the many.

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