Bracket creep and soft economists

Is Australia so ‘unique’ because lefties dominate the education system, academia, and the media?

The Albanese government reduced the Stage 3 tax cuts that were designed to address some the burden of bracket creep. The trouble is bracket creep is built into our progressive tax system. Unless something is routinely legislated to fix it, bracket creep happens systemically. Labor sent that plan backwards.

Instead, Labor has focused on the unjustifiable figure of $600 billion they made-up as a costing for the Coalition’s nuclear energy policy while denying that their ‘cheapest form of energy’ isn’t cheap at all. Their promised $275 energy saving was grossly wrong, and energy prices keep going up and will continue to do so under Labor.

Where are the economists? In my opinion, they must all be Labor supporters who are staying mum.

My lates in The Spectator Australia, Bracket creep and soft economists.

Comments

Post a Comment