OZschwitz: Lame bank chairman warns of tax stalemate unless 'vested interest make way for the national interest'

National Australia Bank chairman Ken Henry is urging a shift in the bitter debate on tax reform, calling for a new focus on the “social welfare” from radical changes that should go well beyond the federal government’s $65 billion cut to company tax rates.

OZschwitz: Lame bank chairman warns of tax stalemate unless 'vested interest make way for the national interest' 5ce84a2a70e2ef712c040a7372c7e84568851105

OZschwitz: Lame bank chairman warns of tax stalemate unless 'vested interest make way for the national interest' 5ce84a2a70e2ef712c040a7372c7e84568851105

Dr Henry, who led the federal Treasury under three prime ministers, will on Friday call on business leaders to “get serious” about proving the gains for the entire community from genuine tax reform, while at the same time warning the existing tax system is broken.

“Australia will get no progress on tax reform unless the community sees vested interest make way for the national interest,” he will say in a speech to fellow company directors.

One decade after he began a sweeping tax review for Kevin Rudd, the NAB chairman will denounce the “polarising debate” in Australia for blocking reform and leaving the country with a weak tax system that burdens ordinary workers with complex rules.

https://www.smh.com.au/politics/federal/ken-henry-warns-of-tax-stalemate-unless-vested-interest-make-way-for-the-national-interest-20180301-p4z2cx.html
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OZschwitz: Lame bank chairman warns of tax stalemate unless 'vested interest make way for the national interest' PgkowJT

OZschwitz: Lame bank chairman warns of tax stalemate unless 'vested interest make way for the national interest' PgkowJT

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OZschwitz: Lame bank chairman warns of tax stalemate unless 'vested interest make way for the national interest'

OZschwitz: Lame bank chairman warns of tax stalemate unless 'vested interest make way for the national interest'

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