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Tax debate delivers leadership, maturity

Australia has been debating the pros and cons of a consumption — or goods and services — tax seriously for 30 years, ever since then-treasurer Paul Keating wheeled out his tax cart and challenged everyone to get in or be left behind.

Tax debate delivers leadership, maturity
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  • Shared by The Australian and Accountancy Age
  • November 04, 2015
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Unfortunately for Mr Keating, his colleague and prime minister Bob Hawke listened to the trade union movement, which said their members couldn’t accept a shift in tax from income to indirect sources and the cart was pushed off the road.

Read the full story at The Australian.

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