Archive for February 2nd, 2009
$73 billion in hidden tax grants down the drain?
Posted by John, February 2nd, 2009 - under Tax.
Comments: 3
Last financial year the Australian tax system gave hidden grants of at least $73 billion to people and companies, many of whom are (or at least were) rolling in money. Every year, Treasury helpfully puts out a Tax Expenditures Statement. This tells us the estimated amount of disguised grants we as taxpayers make to others [...]
