The Pea & Thimble Trick
In episode 6, we tackle the perennial favourite of politicians in an election year – income tax cuts. Do personal income tax cuts really lead to economic growth and job creation? Does more money in the wallet increase incentives and make people work harder? We put those claims to the test.
Contributors: Richard Denniss – @RDNS_TAI Matt Grudnoff – @mattgrudnoff Ebony Bennett – @ebony_bennett.
Produced by Jennifer Macey – @jennifermacey
Matt Grudnoff’s latest report on Income Tax Cuts – Good economics or populism?
You can subscribe to The Australia Institute’s podcast series Follow The Money on iTunes. Each episode busts some economic myths, interprets econobabble and helps you sound really smart at your next dinner party.
Between the Lines Newsletter
The biggest stories and the best analysis from the team at the Australia Institute, delivered to your inbox every fortnight.
You might also like
5 ways and 63 billion reasons to improve Australia’s tax system
With a federal election just around the corner, new analysis from The Australia Institute reveals 63 billion reasons why our next Parliament should improve the nation’s tax system.
Raising jobseeker is not ‘fiscally sustainable’? Sorry, but that is flat out wrong
On Monday the Productivity Commission released its snapshot of inequality report.
The housing crisis is turning into an inequality crisis
The rising concentration of property and investment assets in the hands of wealthier Australians is making housing crisis worse and deepening economic divides.