Oz Blog News Commentary

In Australia, why do people who produce nothing get rewarded the most? – Waleed Aly

September 14, 2023 - 17:26 -- Admin

If we’re going to have to rethink our tax system, rent-seeking seems a good place to start. Perhaps if we taxed productive profit less than its unproductive counterpart, we’d have the seedlings of a system better designed to meet what the Intergenerational Report warns us is coming.