Why cutting high-end income taxes is a dumb idea
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The Australian’s Adam Creighton has called for the $180,000 threshold for the top personal income tax rate to be doubled:
If tax cuts ever made sense, debatable given mounting spending commitments, it was wiser to direct them to workers.
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About the author

Leith van Onselen is Chief Economist at the MB Fund and MB Super. He is also a co-founder of MacroBusiness.
Leith has previously worked at the Australian Treasury, Victorian Treasury and Goldman Sachs.