Purpose of this Site
The Tax Reform Australia website is designed to educate and inform policy makers and the general public on the relative advantages and disadvantages of different taxation systems and methods of deriving public finance. It is not partisan to any political party.
It is a practical website, dealing mainly with economic terms and the factors of production (i.e., land, labour and capital) rather than accounting and organisational terms (e.g., income tax, company tax, property tax). Directing the taxation debate to actual activity rather than descriptive records promotes more effective outcomes.
It is a perscriptive website, seeking to illustrate the clear and unambigious advantages of emphasising public finance from the use of resources rather than productive activity. This topic has been studied extensively since the days of Adam Smith and economists are virtually unanimous in their opinion on this matter.
The site begins with a definition of taxation, describes the effect of taxation on labour, capital and transactions and the alternative of deriving public finances from site rental. It describes the different taxes in Australia, their effects and follows with the view of economists.
It provides historical examples of the effects of different methods of deriving public finances in Australia, and international examples. Following this, examples of Australian and international reformers are provided.
We hope you enjoy your visit to Tax Reform Australia.