Tax breaks cost a reported $250 billion, but handle these new figures with care
- Written by Robert Breunig, Professor of Economics and Director, Tax and Transfer Policy Institute, Crawford School of Public Policy, Australian National University
Treasurer Jim Chalmers promised a Tax Expenditures Statement by the end of February – and he delivered this week, just in time, on Tuesday February 28.
The statement contains many headline-grabbing figures about the cost of various tax breaks, including claims made against income from rental properties (A$24.4 billion), the concessional or...
