Income Tax

Effective Marginal and Average Tax Rates: An Italian Case Study

The Italian tax-benefit system, as many others, generates a number of marginal rates—the statutory tax rates and the implicit tax rates, determined by tax deductions… Read More ›

Company Income Tax: Let’s Not Forget Why Context Matters

Often, the effects of a lower company income tax on investment, national income, government revenue and so forth are assessed as if company tax was… Read More ›

Who Gets What? Who Pays for It? How Incomes, Taxes and Benefits Work out for Australians

The Australian Bureau of Statistics has just released its latest analysis of the effects of government benefits and taxes on household income. Overall, it shows… Read More ›

Mothers Have Little to Show for Extra Days of Work Under New Tax Changes

The federal government’s new Child Care Subsidy (CCS) starts from July 2, 2018. The government has also announced personal income tax cuts. But these policies… Read More ›

Is Australia’s Tax and Welfare System Too Progressive?

Critics say that high earners are paying too much tax. What does the evidence say? At the centre of this year’s federal budget and Labor’s… Read More ›

Budget Forum 2018: This is not a Genuine or Equitable Way to Simplify the Personal Income Tax System

Scott Morrison has made much of his proposed tax changes, claiming that in the short term they will benefit low and middle income earners, and… Read More ›