New Australia

An Australian Green Tax Swap

Renewables have a difficult future while dumping CO2 is free. (Image: Solar Systems)

The New Australia's tax reform program is mostly about Swaping tax, not increasing it. However, tax would rise for property speculators and foreign coal buyers.

See our one page Tax Swap PDF or Tax Swap Spreadsheet with current ABS data.

The Big Green Tax Swap

Tax Cut	Funded By	Revenue Neutral?	Winners	Losers
Higher Tax Free Threshold No Payroll Tax Non-earner Eco Tax Rebate No income tax for Carbon Farmers No Vehicle Rego, No Licence Fees	Climate Taxes Water Tax Logging Tax Other Eco Tax Closing Tax Loopholes	Yes	Energy Efficient Water Efficient Public transport users Cyclists Car poolers Carbon Farmers	Energy Inefficient Water Wallies Loggers Polluters
Higher Pensions	Export Coal Tax Eco Tax Rebate	No	Pensioners	Foreign Coal Buyers
Free Dental Care Free Ambulance cover Cheaper Private Health Insurance (as doesn't cover dental & ambulance)	Abolish Private Health Insurance subsidy No Medicare 'Safety Net' for high income earners.	Yes (Since the subsidy is not a tax measure)	Those needing dental care	Private health insurance share-holders, employees
50,000 Discount CBD Apartments per annum	Abolish Negative Gearing Loopholes Abolish 50% CGT Discount	No	First Home Buyers Renters (as rents will go down)	Property Speculators

Note that NewAustralia recomends scrapping the proposed ETS / Carbon Trading scheme (or scam!) in favour of the above.

But if it works....?

Eco Taxes may be unable to supply the government with sufficient revenue in the long term because they are designed to discourage the activity they rely on. In the short term the government could raise the rate of taxation applied to the target activity (i.e. Increase the carbon tax). However, eventually there may be so few ecological problems to tax that the government will have to return to other non-ecological taxes.

New Kyoto Treaty

Draft New Kyoto treaty. No global ETS, just get each nation or state to swap some old taxes for a new carbon tax!

The Carbon Tax Center

For more great information about the benefits of Carbon Taxes visit the  Carbon Tax Center.

• Debunking the Myths.
• Cap & Trade Problems.
• FAQ.
• Winning Arguments.

Enviro Tax Swap

2^nd Nov 2009: Ross Gittins article supporting 'environmental tax-shifting' more...

Emission cuts futile

23^rd Mar 2009: Labor's plan to reduce Australia's carbon pollution by between 5 and 15 per cent by 2020 means that any voluntary efforts to cut emissions will only reduce the price of permits to pollute, not actually achieve additional cuts. more...

Scrap emissions trading

23^rd Feb 2009: "Economists on the left and the right who are concerned about global warming are now openly opposed to carbon trading as proposed by the Government and in favour of a carbon tax." more...

US flags carbon tax

14^th Feb 2009: "US Energy Secretary Steven Chu has floated the idea of a carbon emissions tax to fight global warming." more...

Taxing carbon better

13^th August 2008: An ETS seems to have been accepted, but a carbon tax might be a better solution. more...

Carbon Trading Hoax

31^st Oct 2008: "AUSTRALIA plans to minimise the cost of tackling climate change by paying developing countries such as Indonesia to cut their greenhouse emissions, long-awaited modelling by Treasury shows." more...

Taxing carbon better

13^th August 2008: An ETS seems to have been accepted, but a carbon tax might be a better solution. more...

No to Carbon Trading

15^th July 2008: ONE of the world's best-known economists, Jeffrey Sachs, has warned Australia against using an emissions trading scheme to tackle climate change, saying it would never win global support....Professor Sachs said the concept was "highly disliked" by China and other developing countries, and they would never agree to it. more...

G-8 Climate Failure

10^th July 2008: India and China rejected the Group of Eight's declaration on climate change yesterday as leaders of the developing world demanded that rich countries should take a stronger lead on preventing global warming. more...

Petrol $8 Litre by 2018

11^th July 2008: PETROL prices could reach $8 a litre within a decade if oil production peaks and Australia is not ready to shift to alternatives, according to a CSIRO analysis. more...

British Columbia's Carbon Tax

26^th Feb 2008: British Columbia will implement a carbon tax of $10 per metric ton of carbon dioxide on July 1, rising in $5 / tonne annual increments to reach $30 in 2012. more...