[First filed: Aug 12, 2010 @ 10:06]
Treasurer Katy Gallagher is letting us know that she’s kicked off “the ACT Taxation Review” which will look at:
— whether the mix of taxes currently levied is appropriate;
— whether the current ACT tax base is equitably and effectively distributed;
— on options to ensure revenue certainty and sustainability of the tax base;
— whether reforms are required to improve efficiency and equity of the tax base; and
— completing a social impact assessment of any proposed reforms.
Ted Quinlan’s going to chair the review to keep it all in the family.
UPDATE: Brendan Smyth is warning of a tax grab:
Given the history of ACT Labor’s previous tax grabs, a proposed review into the ACT’s tax system will most likely mean higher taxes for Canberrans as Katy Gallagher attempts to find new ways to dig herself out of the massive deficit black hole, Deputy Leader of the Opposition and Shadow Treasurer, Brendan Smyth, said today.
“The last time the ACT government conducted a significant external review, 23 schools closed down,” Mr Smyth said. “The Labor Party has a history of using reviews as an excuse to find new ways to tax Canberra families more or cut back on services.