Limiting the scope of the federal government’s tax reform process reduces the opportunity for Australia to become the world’s top place to live and do business.

The BCA discussion paper, A Better Tax Return: Reconsidering the Role of Australia’s Tax System, argues that Australians needed to rethink the role tax can play in underpinning the achievement of broader national reforms.

Rather than seeing tax negatively, as a necessary burden, we need to change our mindset and view tax positively as an enabler of stronger growth and prosperity for all Australians.

We must ask how tax can underpin better outcomes in areas of the economy that will boost our economic capacity such as workforce participation, infrastructure, education, regulation, competition, trade and innovation.

A Better Tax Return: Reconsidering the Role of Australia’s Tax System