The Business Council of Australia promises to invest more in Australia if the Government's proposed corporate tax is passed, arguing this would lead to higher wages. But Labor Senator Murray Watt claims this promise can't be fulfilled

This paper reviews the case for personal income tax cuts, the various forms they could take, and the budgetary scope for cuts. It then suggests what the priorities should be.

Federal Opposition leader Bill Shorten claimed Prime Minister Malcolm Turnbull announced a tax cut for millionaires, and tax hike for working Australians in the 2018 budget. But his claim is over the top.

One of the poorly understood impacts of a company tax cut is that there is little benefit to domestic investors because the way that company tax payments are credited against the tax payable by Australian owners of companies. The system of crediting company tax paid against the income tax liability of shareholders is known as...