Quantcast
Subscribe to our newsletter

 

 

The great tax swindle: how concessions and exemptions benefit the wealthiest

report by Anglicare has found that eight of the largest tax concessions and exemptions cost just over $135bn a year in revenue foregone, and all disproportionately benefit high income and high wealth households.

The great tax swindle: how concessions and exemptions benefit the wealthiest
smsfadviser logo
  • Guardian
  • April 03, 2018
share this article

Anglicare’s report, The Cost of Privilege, uses research undertaken by Per Capita to highlight that some $68.5bn worth of taxation concessions and exemption goes to the wealthiest 20% of Australian households – more than the $68.1bn annual cost of the disability support pension (DSP) and assistance to families and children.

Read the full article on The Guardian.

Receive the latest Public Accountant news,
opinion and features direct to your inbox.

related articles