20 years after ANTS – is there a hole in the bucket?

A paper I presented at the Australian Tax Institute’s 2018 National GST Intensive on 13 September 2018 examines the following objectives of the ANTS White paper of August 1998:

1. Reduction of the top personal income tax rates and the marginal rate on average weekly earnings
2. GST collections will satisfy the States’ revenue needs from 2003/4 year and provide increasing revenues thereafter
3. The erosion of indirect tax revenue will be halted permanently
4. The ABN will limit the effect of the black economy􏰀 and put a stop to people opting out of employment relationships thereby slipping into the cash economy
5. The disparate payment and reporting systems will rationalised into new pay as you go system (PAYG)

The paper examines the extent to which these objectives have been achieved.

The paper is entitled “20 years after ANTS – is there a hole in the bucket?”

Evans M – Is there a hole in the bucket – Sept 2018