Taxation and Spending Articles
Long on Spending, Short on Discipline
Quadrant Online, 12 May 2018
Governments normally sugar-coat budgets, packaging a combination of give-aways and, increasingly, cross subsidies, with boasts of how much of our money they are returning to us. Fifteen years ago, Bill Shorten and Malcolm Turnbull sparred over whether the top income tax rate should be 30% (Shorten or 35% (Turnbull).