Source: Australian Tax Research Foundation
Published Date: 1 Jan 1995
Australia stands out amongst the OECD and Asian countries as one with almost no reliance on such security taxes. In some countries, social security taxes razor around half of total tax revenue. The recent introduction of compulsory superannuation schemes operated by the private sector has meant that the scope for a significant role for Social Security levies has been reduced. The paper examines the various ways Social Security le vies could be used to fund different government programs. The study recommend that contributory levies on the considered for the funding of the provision of long-term care in Australia.
Sorry, this is subscriber only content.
To gain access to this material and much more - Subscribe Now.
(Note: Members can access Taxation in Australia journal articles without a Tax Knowledge Exchange subscription - please log in to access).
Already a Subscriber? Login now
Already a Subscriber? Login now
Details
The material is copyright. Apart any fair dealing for the purpose of private study, research criticism or review, as permitted under the copyright Act, no part may be reproduced by any process without written permission from The Tax Institute.
Unless expressly stated, opinions are not that of The Tax Institute, which accepts no responsibility for the accuracy of any of the information contained within it.
The Tax Institute
(ABN 45 008 392 372 (PRV14016))
("TTI")
The Tax Institute is a Recognised Tax Agent Association (RTAA) under the Tax Agent Services Regulations 2009.
All materials provided on this site are protected by copyright and are owned by or licensed to TTI.
Except as expressly permitted by TTI or the copyright owner, any person or company who uses this site must not use, reproduce, redistribute, retransmit, publish or otherwise transfer, or commercially exploit, the materials or any information, software or other content, in whole or in part, which is available through this site.
Tags