Tax myths busted by new report
Some of the biggest bogey-man issues in the Australian taxation debate, such as the cost of superannuation tax concessions and the impact of negative gearing, have been overblown and there is a need to reset the debate parameters, according to a new analysis released by Deloitte.
The report, Shedding light on the debate: Mythbusting Tax Reform, released today makes clear that while the cost of superannuation tax concessions are being overblown, there is a need to inject greater equity in circumstances where they are weighted to middle and upper income earners.
Read the full story at Money Management.
