A PRODUCTIVITY Commission that has found industry levies to be ‘an increasingly complex and inefficient tax system that risks limiting productivity growth’ has singled out concerns for the Federal Government’s proposed biosecurity levy.
“Without anyone noticing, these micro-taxes have compounded into a bureaucratic ‘Levyathan’. Limiting their growth in favour of more efficient taxes is a simple, actionable reform that could make a material difference to productivity growth,” said Deputy Chair Dr Alex Robson.
It must be noted that the report said agricultural levies had been…
