Independent Member of Parliament, Allegra Spender, made history by releasing a green paper on the Australian tax system, becoming the first non-government representative to delve deeply into the issue and produce such a significant document.
Independent MP Allegra Spender made a piece of history last week – one that, hopefully, will wake up the government and Coalition to deal with one of this nation’s biggest problems.
For the best part of 18 months, the member for Wentworth has held meetings with experts, business groups, academics, trade unions and ordinary punters to talk about tax.What this research and these conversations revealed, and what is laid out clearly in the green paper is a simple, but deeply troubling rationale – our tax system is utterly broken.
As Spender noted, this combination has contributed to a free-fall in national fertility rates as younger Australians are forced to decide between babies or a mortgage. As the paper noted, “Our personal tax system should reward effort and ingenuity. It should allow people to create a prosperous life for themselves, regardless of the wealth of their families … But instead, it provides bigger rewards for passive income and property investment.
“As a result, young Australians carry a disproportionate share of the tax burden. Not only do they pay more tax now than others did a generation ago; they pay more for their education than ever before.”
Australian Tax Reform Independent MP Allegra Spender Green Paper Tax System
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