What controversial tax changes did Keating introduce?
Capital gains tax, fringe benefits tax, and dividend imputation
Value Added Tax
Goods and Services Tax
Inheritance tax
Answer
Keating introduced three controversial tax changes: capital gains tax, fringe benefits tax, and dividend imputation. The capital gains tax was a new tax on the profits made when selling assets such as shares or property. The fringe benefits tax was a tax on the benefits provided by employers to their employees, such as cars or housing.
The Keating Chronicles: Exploring the Legacy of Australia's Prime Minister, Paul Keating
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