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Post-coronavirus, we'll need a working tax system, not more taxes and not higher rates

  • Written by Neil Warren, Emeritus Professor of Taxation, UNSW
Post-coronavirus, we'll need a working tax system, not more taxes and not higher ratesShutterstock

Oliver Wendell Holmes Jr famously observed in 1927 that “taxes are what we pay for civilised society, including the chance to insure”.

Whilst tax as a price for civilised society is well understood, less appreciated is the second part of his observation – that tax provides a chance to insure against a crisis.

As...

Read more: Post-coronavirus, we'll need a working tax system, not more taxes and not higher rates

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