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Home > Investopoly > Why common-sense tax reform is vital to Australia’s future
Podcast: Investopoly
Episode:

Why common-sense tax reform is vital to Australia’s future

Category: Business
Duration: 00:15:35
Publish Date: 2023-12-05 20:00:00
Description:

Read the full blog here.

Are you ready to unravel the complexities of tax reform and its potential impact on Australia's fiscal landscape? Together with my co-hosts of Investopoly Podcast, we're set to examine the advantages of GST reform as a fiscal policy tool for economic management and debt reduction, rather than relying solely on monetary policy. We'll discuss the potential benefits of increasing the GST rate for non-essential goods and services as well as shedding light on how this could result in a more balanced wealth distribution across the nation. 

As we venture further into the topic, we'll cast a lens on the economic disparities within Australia, and how these might be addressed through GST reform. We'll scrutinize the current economic landscape, the rising cost of living, and how a revised GST structure might alleviate the income tax burden for many Aussies. While the probability of such a reform is low, it's certainly worth discussing and could be a step towards a stronger Australian economy. So, join us as we compare, contrast, and consider the role of tax reform in redefining the future economy of Australia.

To subscribe to Stuart's blog: https://www.prosolution.com.au/stay-connected/

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