This paper compares the tax systems of Australia, Canada, New Zealand, the UK and the US, and summarizes the evidence about top income shares.

This Review (also known as the Henry Tax Review) considers how Australia can best structure its tax and transfer system to meet the challenges of the 21st century and to enhance its economic and social outcomes. The Review identified a wide range of reform opportunities that can deliver this vision. The main directions and proposals...

Tax reform is once again squarely on the Australian policy agenda, with the review of Australia’s Future Tax System (the Henry Review or the review) now under consideration. Although personal income tax has been reshaped over many years and undoubtedly lightened over the past 10 years, those changes have left some of the major failings...

This paper estimates the elasticity of the labour supply to a firm, using data from the Household, Income and Labour Dynamics in Australia (HILDA) Survey. Estimation of this elasticity is of particular interest because of its relevance to the debate about the competitiveness of labour markets. The essence of monopsonistically competitive labour markets is that...

This statement provides details of concessions, benefits, incentives and charges provided through the tax system to taxpayers by the Australian government. This statement lists around 340 tax expenditures and, where possible, reports the estimated pecuniary value or order of magnitude of the benefit to taxpayers over an eight year period, from 2005-06 to 2012-13. The...