Question: Can someone please provide an answer the following question? NOTE: prior answers on chegg are incorrect! 1. What is the most important recent development in

Can someone please provide an answer the following question?

NOTE: prior answers on chegg are incorrect!

1. What is the most important recent development in the Australian taxation system within the past 25 years? Is it in line with the recommendations implied by optimal taxation theory? Why yeso? Provide a short and precise answer (300 words max.)

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