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Editorial urging further tax reform in the Federal Government`s new term, particularly cutting both corporate taxes and the top personal tax rate. `Treasuries the world over are getting the message that lower taxes can mean more business and higher revenue.
Australian Financial Review, 14/10/2004, Editorials, Page 70 (Subscribers only)
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Invisible Hands & Markets: Australia drops in world ranking
The World Economic Forum`s Global Competitiveness Report 2004-05 has ranked Australia 14th out of 104 nations in terms of the competitiveness of economies, with Australia losing four places. The Australian Industry Group said that, despite Australia losing its position in the top 10 competitive economic nations, the Australian economy was still highly competitive. AIG claimed that the decline in Australia`s ranking was a result of the appreciation of the Australian dollar and the continuing poor savings record.
• Ann Harding, Rachel Lloyd and Neil Warren The slimy trail of economics 14th out of 104 ; [Income distribution and redistribution: the impact of selected government benefits and taxes in Australia in 2001–02 ]
• · The conventional view is that Sydneysiders and New Yorkers are obsessed with accumulation—money, status, possessions. But that gets it only half-right. For every buyer, after all, there has to be a seller. Liquidating Your Exiled Life
• · · There is only one place where you are safe from inflation. The backdoor neighbours of my childhood never experienced the pain inflation causes. Our home was situated in front of the Vrbov cemetery: The report said it was a myth to think that Australia's moderate growth, low inflation and low interest rates could continue forever
• · · · In terms of economics, the paradox of the US electorate is simply this: Kerry accuses Bush of favoring the rich through large tax cuts, which have helped to produce a huge swing from budget surplus to budget deficit. Yet, most of the richest states in the country, as measured by real personal income per capita, are solidly in the Kerry camp Economics of Large Battleground States
• · · · · Edward Prescott: Nobel laureate calls for steeper tax cuts in US
• · · · · · As a businessman and former tax law professor, Dr. H. Peckron, FL cannot attest to the practical difficulties in the Bush tax policy