WA digs heels in over tax reform
The Western Australian Government has reiterated its opposition to the planned Minerals Resource Rent Tax and Carbon Tax after State Treasurer Christian Porter expressed his disappointment over the Federal Government’s refusal to discuss the taxes in the October Tax forum.
Following yesterday’s release by the Federal Government of a Discussion Paper (Tax Reform - Next Steps for Australia), Mr Porter re-emphasised WA’s opposition to both taxes.
“These taxes have added uncertainty to many of the State’s industries already challenged by the rising Australian dollar and the growing risks in a volatile global economy,” he said.
“The present tax arrangements and revenue distribution existing in Australia do not serve the national interest particularly well at all.”
Mr Porter said the discussion paper noted the Federal Government’s commitment to deliver a review into the distribution of GST revenue among the States and Territories by 2012, which was welcomed by WA.