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Australians are going to pay more tax post-COVID Source: Australian Tax Office. The biggest unstated message from the intergenerational report released during the lull between lockdowns is that we will need more tax. Not now. At the moment it’s a matter of throwing everything we’ve got at getting on top of the COVID outbreaks and worrying about how to (and the extent to which we will need to) pay for it later. But when the economy is healthy again, taxes are going to have to rise, big time. That the intergenerational report doesn’t say so explicitly might be because the government is sticking with its arbitrary and implausible guarantee that tax collections will never climb above 23.9% of GDP, which is the average between the introduction of the goods and services tax and the global financial crisis.

New south walesKerry packerNational disability insurance schemeAustralian tax officeAustralian taxபுதியது தெற்கு வேல்ஸ்கெர்ரி ப்யாகர்தேசிய இயலாமை காப்பீடு திட்டம்ஆஸ்திரேலிய வரி அலுவலகம்ஆஸ்திரேலிய வரி