ANU expert lashes cashflow tax and the 'increasingly irrelevant' Commission behind it
Robert Breunig, a handpicked attendee for Jim Chalmers' Economic Reform Roundtable is scathing about the Productivity Commission's latest contribution to the tax debate.
One of Australia's most esteemed tax experts has issued a scathing rebuke of the Productivity Commission's pitch to change corporate taxes, questioned whether the institution is losing relevance.
ANU Professor Robert Breunig, who has been handpicked to attend Treasurer Jim Chalmers’ upcoming Economic Reform Roundtable, told Capital Brief that he is "unimpressed" with the PC's report, and that he would choose doing "nothing" over running with its recommendations.
He said the PC, which advises the government on microeconomic reform, was opting for "experimental" ideas while ignoring recent cutting-edge research in the field.
As Capital Brief reported on Monday, PC chair Danielle Wood brushed off the quick criticisms from corporate Australia as “disappointing”.
