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Australia is in the firing line of Trump’s looming ‘revenge tax’. It’s a fight we’re unlikely to win

  • Written by Graeme Cooper, Professor of Taxation Law, University of Sydney
Australia is in the firing line of Trump’s looming ‘revenge tax’. It’s a fight we’re unlikely to winAlexey_Arz/Shutterstock

The Australian Labor Party just won an election victory for the ages. Now, it may be forced to walk back one of the key achievements of its first term.

Here’s why: United States President Donald Trump is about to declare an income tax war on much of the world – and we Australians are not on the same side.

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