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The Conversation
The Conversation
Jason Nassios, Deputy Director and Associate Professor, Centre of Policy Studies, Victoria University

Some taxes are inefficient at any level. Even modest reforms will help

Teerachai Jampanak/Shutterstock

Australia’s tax system has come under scrutiny again ahead of the government’s reform roundtable later this month. Economists argue we could raise the same revenue with less economic harm by relying more on efficient taxes and less on inefficient ones.

Our new study offers fresh evidence that two of the most inefficient taxes, stamp duty and insurance taxes, remain harmful even at very low rates.

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