The government only wants you to focus on half the story - Labor’s taxes | Greg Jericho

So let’s look at these $200bn extra taxes. Just how much will they really hit our economy?

When the prime minister started the year, a big line of his economic attack was the damage the ALP’s extra $200bn worth of tax would do the economy. On 14 January he told ABC Breakfast: “Now is not the time for Labor to go and dump $200 billion of higher taxes on the Australian economy. It’s not a good plan.” Heck, he even found room to mention it in a media release announcing $60m spending on Cairns Hospital.

So what are these $200bn extra taxes, and just how much will they hit our economy?

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from The Guardian http://bit.ly/2MYNij6
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