Published: July 31, 2021
A new paper from The Australia Institute outlines what makes a good tax. It should give Anthony Albanese pause
This week the Labor party made a terrible economic decision by agreeing to support the government’s entire stage three tax cuts.
Progressive income taxation is a cornerstone of our economy, but removing the 37% tax rate to have everyone earning between $120,000 and $200,000 pay the same top marginal tax rate as someone below the median income of around $60,000 means the ALP has effectively decided to stand for a flat tax.
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