Day

April 3, 2016

3
Apr
2016
0

Turnbull’s State Income Tax Still Afloat

When Malcolm Turnbull announced that he would offer the States the opportunity to impose an income tax, he described it as one of the greatest potential reforms to Federation in ‘generations’... “this, we believe, is the only way that we can genuinely reform our Federation... It will give the states real financial autonomy”. But when the States rejected the offer, Turnbull initially described it as being “not there” now. Soon however it reappeared, first in the COAG Communique and then in Turnbull’s explanation (sic) of the reason for the rejection and the implication as he sees it.