Shorten’s Tax Trust: Making The Rich Pay More?
The opposition leader Bill Shorten was trying to lead labor in what some say is a new direction. Using a platform of rectifying inequality and “making the rich pay more”, some see Shorten’s actions aligned with the recent wave of populist politics. His recent policy announcement, of a labor government crackdown on trusts with a new tax, followed the same grain. But what measures would it involve and is it feasible? To discuss this we are joined by Dale Boccabella, who is an Associate Professor of Taxation Law at UNSW.