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Top end tax cuts fail economy and boost inequality: studies - Vimarsana News

Top end tax cuts fail economy and boost inequality: studies

Top end tax cuts fail economy and boost inequality: studies Top end tax cuts fail economy and boost inequality: studies Normal text size Advertisement The Morrison government's plan to flatten the tax system and cut taxes for high income earners may increase inequality and fail to boost productivity, ground-breaking international research suggests while leaving a future government with a multibillion-dollar budget headache. Based on analysis of past cuts to Australia's top marginal tax rate and to rates in developed nations, the research raises doubts whether the government's plans will help ...