Uploaded August 2026 | Updated September 2026, 2 weeks ago
Simplicity is a virtue in taxation. Politicians often just pay lip service to it before turning around and doing something that makes the tax system more complex.
The benefits of simplicity are that it:
Makes tax liabilities clear to people and businesses.
Reduces the cost of compliance.
Establishes greater certainty as a basis for decision-making.
Removes opportunities for unproductive tax planning and game playing.
Removes distortions that contribute to sub-optimal use of economic resources.
It is when simplicity is traded off against other objectives that we end up with complexity.
Read the article here: https://www.cis.org.au/commentary/opinion/how-the-budget-gave-a-boost-to-tax-complexity/
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🔹 Learn more: https://www.cis.org.au/
👉 Further reading: https://www.cis.org.au/commentary/opinion/how-the-budget-gave-a-boost-to-tax-complexity/
______________________________________________________________________________________________
CIS promotes free choice and individual liberty and the open exchange of ideas. CIS encourages debate among leading academics, politicians, media and the public. We aim to make sure good policy ideas are heard and seriously considered so that Australia can prosper. Follow CIS on our Socials;
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Simplicity is a virtue in taxation. Politicians often just pay lip service to it before turning around and doing something that makes the tax system more complex.
The benefits of simplicity are that it:
Makes tax liabilities clear to people and businesses.
Reduces the cost of compliance.
Establishes greater certainty as a basis for decision-making.
Removes opportunities for unproductive tax planning and game playing.
Removes distortions that contribute to sub-optimal use of economic resources.
It is when simplicity is traded off against other objectives that we end up with complexity.
Read the article here: https://www.cis.org.au/commentary/opinion/how-the-budget-gave-a-boost-to-tax-complexity/
👉 Support CIS Research:
🔹 Become a member: https://www.cis.org.au/membership-2-step-1/
🔹 Make a donation: https://www.cis.org.au/support/donate/today/
🔹 Learn more: https://www.cis.org.au/
👉 Further reading: https://www.cis.org.au/commentary/opinion/how-the-budget-gave-a-boost-to-tax-complexity/
______________________________________________________________________________________________
CIS promotes free choice and individual liberty and the open exchange of ideas. CIS encourages debate among leading academics, politicians, media and the public. We aim to make sure good policy ideas are heard and seriously considered so that Australia can prosper. Follow CIS on our Socials;
Twitter - twitter.com/CISOZ
Facebook - facebook.com/CentreIndependentStudies
Linkedin - linkedin.com/company/the-centre-for-independent-studies
Telegram - https://t.me/centreforindependentstudies
📖 Read more from CIS here: https://www.cis.org.au/
💬 Join in the conversation in the comments.
👍 Like this video if you enjoyed it and want to see more, it really helps us out!
🔔 Subscribe to our channel and click the bell to watch our videos first: youtube.com/channel/UC5c-JkKHb0YxFZ81XBtFCmw?sub_confirmation=1
⏲️ Missed this event live? Subscribe to CIS to be up to date with all our events:
https://www.cis.org.au/subscribe/
📝 Subscribe to CIS mailing list- https://www.cis.org.au/subscribe/
💳 Support us with a tax-deductible donation at - https://www.cis.org.au/support/
