Tax can be structured in a way that actually encourages investment in infrastructure and encourages investment in Australia from overseas.
Sentiment: POSITIVE
Anything to do with any new form of tax, like consumption tax in Japan, carbon tax in Australia, these are big issues that cannot be easily decided.
The tax on capital gains directly affects investment decisions, the mobility and flow of risk capital... the ease or difficulty experienced by new ventures in obtaining capital, and thereby the strength and potential for growth in the economy.
Infrastructure is one of the core responsibilities of government and one that cannot be shortchanged by other controversial spending. I believe investment in infrastructure pays dividends for decades and is a wise investment of taxpayer dollars.
People really have to believe in their tax system. They have to believe that there is an equitable distribution of the burden, but there is also an important investment based upon the potential achievements that come from us paying our taxes.
Government should concentrate on building up infrastructure and skill development. Simplification of taxation is another important area.
We need a tax code that promotes savings, investment, achievement, innovation, and hard work.
The Australia to 2050 report highlights something that is well understood by South Australians, that infrastructure plays a key role in long-term economic expansion.
Taxation is just a sophisticated way of demanding money with menaces.
You don't get gushers of revenue by raising tax rates. You get it through expansion.
What I argue for is a progressive tax, a global tax, based on the taxation of private property.
No opposing quotes found.