Why cutting high-end income taxes is a dumb idea

Thursday, 23 August 2018

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.

The full text of this article is available to MacroBusiness subscribers

$1 for your first month, then:

$24.99 / month

$249 / year

Cancel at any time through our billing provider, Stripe

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.