There is tension between Malcolm Turnbull’s notion for giving states current taxation powers and Scott Morrison’s vow that tax will not riseMalcolm Turnbull and Scott Morrison seem to be at odds about what their broad current state income tax plan would so. In fact they don’t even seem to be able to agree that it is a plan. Broadly, the commonwealth is proposing federal income tax be reduced and then a similar state income tax surcharge be levied. The federal government would reduce its direct payments to the states by the same amount that the states would raise. Continue reading...
Source: theguardian.com