Opinion

Don't be sucked in by Frydenberg's tax cuts econobabble

By Ebony Bennett
April 6 2019 - 12:00am

Look out, it's a trap! The centrepiece of the Coalition's budget is more than $300 billion worth of income tax cuts. This sounds great in theory. In reality, the Coalition has committed to a radical plan to flatten Australia's progressive tax system. If implemented, this would represent a nightmare scenario for addressing inequality: The tax cuts package will bake both inequality and budget deficits into our tax system for future generations.

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