This budget’s tax tinkering isn’t the same as meaningful tax reform. Here’s why

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Labor’s tax changes this week do not tackle tax reform, or why we desperately need it. They only address the amount collected from personal income tax, which is the largest source of tax revenue.

Real tax reform would review taxes such as the GST, taxes on savings (including housing and super), and personal and corporate income tax – and ensure they are sustainable over the long term.