Published on 01 Jan 95
by Australian Tax Research Foundation
Australia stands out amongst the OECD and Asian countries as one with almost no reliance on such security taxes. In some countries, social security taxes razor around half of total tax revenue. The recent introduction of compulsory superannuation schemes operated by the private sector has meant that the scope for a significant role for Social Security levies has been reduced. The paper examines the various ways Social Security le vies could be used to fund different government programs. The study recommend that contributory levies on the considered for the funding of the provision of long-term care in Australia.
Peter Saunders is the Director of the Social Policy Research Centre at the University of New South Wales. His research interests include the economics of the public sector, poverty, income distribution and social security. He has provided advice on these issues to the OECD, the IMF and the UN's Economic and Social Commission for Asia and the Pacific (ESCAP), as well as to the New Zealand Royal Commission on Social Policy and the Economic Planning Advisory Commission (EPAC) in Australia. He has recently been elected as a Fellow of the Acadamy of the Social Sciences in Australia.