Stages 1 and 2 of the tax cuts should pass. But Stage 3 would return us to the 1950s
- Written by Danielle Wood, Program Director, Budget Policy and Institutional Reform, Grattan Institute
There's a retro quality to Stage 3 of the Coalition's tax plan, one the parliament ought to carefully consider before saying yes.ShutterstockThe first item of business when parliament resumes today will be the proposed tax cuts.
They are actually three rounds of tax cuts, up to half a decade apart – each very different in its cost,...
