WED_JaneBody_GovPublicPolicy.pdf

1、Tax and the Wellbeing EconomyABOUT THINK FORWARDThink Forward is led by a group of younger people committed to securing tax and economic reform for intergenerational equity.We founded Think Forward in response to dismissive attitudes towards younger people,which suggested that we should simply find

2、a better job or save more to get ahead.Instead,we wanted to highlight how structural barriers prevent younger Australians from achieving economic security.Since founding Think Forward,the issues surrounding intergenerational inequality are now widely recognised,but action is still lacking.Today,Thin

3、k Forward continues to conduct research,but we also focus on advocacy and education to raise public awareness,build support for reform,and empower our political leaders to take act.We are non-partisan,and our work does not favour support for any particular partyjust good policy.WHAT IS THE PURPOSE O

4、F OUR TAX SYSTEM?OR Dominant narrative:tax=burden,cost,revenue tool.Those who find loopholes rewarded/tax minimisation celebrated as smart Consequence:policies protect profit&capital accumulation over wellbeing.Result:crises and fragmentation-reactive spending on disaster,disease,housing.THE PROBLEM

5、 WITH HOW WE SEE TAXTHE ALTERNATIVE?TAX AS A DESIGN TOOL FOR WELLBEING Tax should reflect our values and aspirations and the fact that we live in community.It can incentivise what we want:care,creativity,regeneration-raising revenue to invest in things that cant or shouldnt be provided by the market

6、.It can disincentivise what we dont:harm,hoarding,extraction.Purpose(growth of what,where and for whom?)Prevention,not patch-up(invest early,avoid bigger costs later).Predistribution,not just redistribution(design fairer systems upfront).People Powered(Equity,sustainability,colle