12 August 2010

Taxation in the ACT to get an overhaul?

| johnboy
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[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.

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bitzermaloney2:01 pm 19 Aug 10

– whether the mix of taxes currently levied is appropriate;
means: Damm! NSW has slashed Stamp duty. Now how do we stop people moving to Queanbeyan.

– whether the current ACT tax base is equitably and effectively distributed;
means: About time Paid Parking was introduce in the Parli Triangle. Show me the Money!

– on options to ensure revenue certainty and sustainability of the tax base;
means: where else can we introduce paid parking? Town Centres? Hospitals? ahhh… how about Tharwa?

– whether reforms are required to improve efficiency and equity of the tax base; and
means: Let’s put up toll booths on the borders and charge all those foreigners everytime the touch our roads. Why shouldn’t they pay for using our turf?

– completing a social impact assessment of any proposed reforms.
means: Will you be my Facebook friend?

Will this report be released? or will it, like the Costello review of 2006, be kept under lock and key because of the eveil contained within?

amarooresident34:28 pm 13 Aug 10

astrojax said :

not to defend him, but isn’t smyth just doing his job? he has to to take whatever opportunity arises to make the punter feel his opponents are not worth the grief and to elect his side next time we vote.

and they did slash a stack of schools and now they purport to be looking to increase ‘equity’ in the tax system – whose equity and how will this affect me [you]?

Well, yes he is doing his job if his job is to bag something that hasn’t even started yet. Or, if he was smart, he would engage with the process, offer up some ideas, talk about what the Liberals would do about tax policy and maybe even pick up some new ideas on the way that he can fashion into Liberal Party Policy.

What he has done though is practically write the liberals out of the debate from the start.

georgesgenitals3:05 pm 13 Aug 10

The real question, I guess, is bagging this review actually representing anyone’s realistic views?

not to defend him, but isn’t smyth just doing his job? he has to to take whatever opportunity arises to make the punter feel his opponents are not worth the grief and to elect his side next time we vote.

and they did slash a stack of schools and now they purport to be looking to increase ‘equity’ in the tax system – whose equity and how will this affect me [you]?

amarooresident39:44 am 13 Aug 10

Mr Smyth is a fair dinkum waste of space. He could have welcomed the review and engaged with it in a constructive manner by, you know, maybe putting forward some ideas or suggestions. But no, he went straight to the scary political talking point. Dick.

Blah Blah Blah!

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