Prime Minister Malcolm Turnbull has proposed allowing states to levy income tax, but says taxpayers would see no difference in the amount they pay.
Prime Minister Malcolm Turnbull has confirmed that he has proposed allowing states to levy income tax to assist in their funding needs.
He said the federal government will reduce its income tax by an agreed percentage and allow state governments to levy an income tax equal to that amount.
"There would be no increase in income tax from a taxpayers' point of view - he or she would pay the same amount of income tax, but the states would be raising the money themselves," Mr Turnbull told reporters in Sydney on Wednesday.
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