Tax cut will drive up effective tax rate for middle income earners, analysis shows

By Shane Wright
Updated April 23 2019 - 8:44pm, first published 8:41pm

Up to 700,000 middle income Australians will face a higher effective marginal tax rate for the next three years at an annual cost to the economy of $500 million under the joint plan of the Coalition and Labor for short-term tax relief.

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