The John Hyde Archives

Historic archive of articles and newspaper columns written by former Australian politician John Hyde OAM.

Tax No 2

Taxation 

  • A progressive tax should be a combination of company, income & sales taxes.
  • Majority of revenue is coming from income taxes, a tax threshold should be allowed for smaller incomes.
  • Too much reliance on any one category causes the marginal revenue to drop as there will be less persons or companies to tax.