http://www.smh.com.au/federal-po ... 0160224-gn2i13.html
The Turnbull government is preparing to abandon serious tax reform.
It has ruled out major change in favour of a pair of savings measures seen as politically safe: curbing the excessive use of negative gearing by wealthy investors, and reducing extensive parking of pre-tax income in superannuation accounts.
Prime Minister Malcolm Turnbull says Labor's policy of allowing negative gearing only on new properties might knock 10 ...
Prime Minister Malcolm Turnbull says Labor's policy of allowing negative gearing only on new properties might knock 10 per cent off the price of a typical home. Photo: Alex Ellinghausen
The minimalist reform approach would raise sufficient funds to offer marginal tax relief to middle-income earners while also freeing the government to prosecute a massive scare campaign against Labor, claiming its negative gearing policies would smash the economy, wiping $278 billion off the national balance sheet through a 5 per cent plunge in housing values.
Advertisement
The government's final package, due to be presented within weeks, will not restrict negative gearing to new houses, as Labor has proposed, but merely impose caps on the dollar amount of losses claimable, while also reducing the amount able to be directed into superannuation contributions.
The proceeds, perhaps just a few billion per year, will be available to fund an upward adjustment of the $80,000 tax threshold, providing relief to only the top 25 per cent of earners.
Illustration: Ron Tandberg
Illustration: Ron Tandberg
The government again struggled to get its lines right on Wednesday, after Assistant Treasurer Kelly O'Dwyer contradicted Prime Minister Malcolm Turnbull's prediction of falling house prices under Labor's policies, by declaring they would actually rise.
"They have got a policy that will increase the cost of housing for all Australians, for those people who own a home and for those people who would like to get into the housing market through their negative gearing policy," she told Seven's Sunrise program.
Fairfax Media understands the Coalition has seriously considered and rejected a scheme that would have taxed all superannuation contributions at the taxpayer's marginal rate minus a discount, which most likely would have been 15 percentage points.
The Prime Minister and colleagues were concerned that although the scheme would have been fairer, extending the same discount to all taxpayers, it would have made earners in the $37,001 to $80,000 bracket slightly worse off, taxing their super contributions at 17.5 rather than 15 per cent and exposing the government to a scare campaign.
Instead they have opted to tighten the generous caps on how much high earners can contribute to super out of pre-tax income. At present $30,000 for most taxpayers and $35,000 for those over the age of 50, the annual caps would be cut to nearer $20,000. Fairfax Media has been told they are also looking at tightening the separate, so-called non-concessional cap that allows contributions out of after-tax wages of up to $180,000 per year.
Mr Turnbull's office declined to comment when asked.
The measures will go some way to delivering on Treasurer Scott Morrison's promise of ensuring that superannuation is used for retirement incomes rather than estate planning.
They will leave untouched the tax-free status of super withdrawals and super fund earnings in retirement.
The government has also rejected the option of more fully taxing capital gains, opting instead to curb negative gearing "excesses" by imposing a generous limit on either the number of properties that can be negatively geared or on the dollar value that can be deducted. One limit under consideration is $50,000 per year.
Mr Turnbull said Labor's policy of allowing negative gearing only on new properties might knock 10 per cent off the price of a typical home.
"If it comes down by 10 per cent, that family will have lost one-third of their net worth," he said. "The honourable members opposite ask us to believe that that is not going to have any impact on their investment, on what they will spend, they have. We all know what will happen."
The minimalist approach set to be adopted by the Turnbull government will allow it accuse the opposition of recklessness while raising a small amount of money to spend easing bracket creep.
Calculations by the Grattan Institute suggest that it would cost only $600 million to lift the entry point for the second-highest tax bracket from $80,000 to $85,000. The sum is small because only about one quarter of taxpayers earn more than $80,000 and because the jump between the bands is only from 32.5 to 37 per cent.
The Prime Minister and Treasurer might be able to fund deeper tax cuts by winding back allowable income tax deductions. They are waiting on a report on deductions they commissioned from a House of Representatives committee. However, they are understood to be unenthusiastic about the idea because they don't want to create aggrieved losers.
The package will be sold as an attempt to clean up abuses rather than recast the system. Decisions about some measures, including the company tax rate, may be postponed until after the election.
Read more: http://www.smh.com.au/federal-po ... .html#ixzz4189KnCbq
Follow us: @smh on Twitter | sydneymorningherald on Facebook
评论
沙发 慢慢看
评论
房价要暴涨
评论
总理不是自封的，不是世袭的，是选民选出来的。他以为改不改负扣税是他说了算的？他原来还想加GST呢，不理解的看看最近的民调。
评论
重点是：
1. 对于退休金，现在的人可以额外放$30000进退休金（50岁以上可以放$35000),这额外部分可以得到税务减免。现在把30000的cap减至20000。 (有点针对富人了）
2.收入$37001 - $80000的人从平均15%个人所得税增至17.5%，80000以上的将从32.5%飚到37%
3.负扣税将会限制可申请负扣税的房屋数目或者cap在$50000左右（明显针对富人了）
评论
没说不改，但是没有工党那么激进
另外总理是反对增加GST的，之前他公开说明过
评论
好吧，总算动了，也算可以
评论
什么时候改成直选总理了？
老百姓选选区议员，多数党的领导人自动成为总理.....
评论
其实温和一点的改革我觉得比工党的变法要好
我觉得工党的想法太激进了，让人联想到王安石变法；原意是好的，但是因为太激进反而造成大乱。
评论
总理万岁！
评论
如果世界局势不好，澳洲银行信贷进一步收紧，税务上是不宜大动，房产崩盘了也不好
评论
求解释
评论
看了，刚好隔壁同事鬼佬是会计出身，也是跟我理解的一样
评论
这么说话太刻薄
评论
Super..... not income
评论
所谓房价跌10%会减少1/3家庭财富也是危言耸听，房子是不动产，用来住的，我不觉得我的自住房跌10%会对我有什么影响，这个只会影响投机的人，针对负扣税的民调也放映了这一点。
我支持取消负扣税和降低CGT优惠，用省下的钱减税
评论
呵呵，找下一个唱空点呗，有什么难的
评论
说的就是退休金啊
评论
关于第2点，你完全看错了。
1. 原文提的是super contribution （而不是个人税）15%税提到17.5%的提议，而且已经被否决了，也就是没变化
2. 第二征税点建议从80000提到85000，对政府来说，代价是600m。因为只有1/4纳税人工资超过8万，而且税率差别只是32.5%到37%之间的差别。如果这个建议通过，年收入80000以上的可以少交点税。
评论
怎么感觉tullbull 是潜伏在自由党内部的工党分子， 所有的政策都是被工党牵着鼻子的。
另外，LZ 关于第二点， 文中的意思应该是这个机构认为吧32.5%税率从80000提高到85000， 只需要600million 的成本， 该机构觉得太便宜， 估计是要鼓励实行， 总之是要拿SUPER挣到 的钱去补贴提高到85000损失的税费。
看着挺心塞的。
评论
我觉得他有点巧妇难为无米之炊......澳洲08年到现在经济一直不好，工党前几年又花钱如流水。矿业旺盛时候赚的都没什么留下
有时候想想john howard这个人还是很lucky的，当了N年总理澳洲一直都算是风调雨顺
评论
所有的政策都是在鼓励今朝有酒今朝醉， 以后澳洲的日子会越来越难。。。
评论
也别那么灰心，等全球经济好了矿业又旺盛了澳洲还是会好起来的
评论
you should mention again in clause 2 for super, otherwise it is easy to misunderstand.
澳洲中文论坛热点
- 悉尼部份城铁将封闭一年，华人区受影响！只能乘巴士（组图）
- 据《逐日电讯报》报导，从明年年中开始，因为从Bankstown和Sydenham的城铁将因Metro South West革新名目而
- 联邦政客们具有多少房产？
- 据本月早些时分报导，绿党副首领、参议员Mehreen Faruqi已获准在Port Macquarie联系其房产并建造三栋投资联