Would the board consider making recommendations to the government to introduce a voluntary tax levy (administered through the tax system) whereby the average Australian is offered an option to contribute towards a project ( could be a long term infrastructure project like high speed rail) and get a tax deduction for it. The revenue generated will go into a fund specific for that project. The average Australian will feel empowered when such projects contribute to jobs and growth in their communities.
The government will then be required to consider these projects and implement them based on the tax base support for the project.
What does the Sounding Board community think of this idea?
Would you attach restrictions on the types of projects such as certain industries or financial caps? Do you think there are targeted projects that would benefit from this?