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Chris Murphy
Verified
Audience Director, The Cap Times
Madison
Beats
nerd culture, feminist social justice, parentingLifestyle, entertainment
Content
Here’s how a ‘silent’ tax hike is balancing the budget - with the heaviest burden on the lowest paid
By Chris Murphy Verified|Daily Bulletin AUVerifiedWith just over three weeks to go until the federal election, both major parties are trying to position themselves as Australia’s better economic managers. Labor was able to hand down two consecutive budget surpluses in its current term. But the most recent federal budget shows a return to deficit this financial year. After the deficit peaks – at 1.5% of gross domestic product (GDP) next financial year – it will then take a decade to balance the budget.
Here’s how a ‘silent’ tax hike is balancing the budget - with the heaviest burden on the lowest paid
By Chris Murphy Verified|The Times AustraliaWith just over three weeks to go until the federal election, both major parties are trying to position themselves as Australia’s better economic managers. Labor was able to hand down two consecutive budget surpluses in its current term. But the most recent federal budget[1] shows a return to deficit this financial year. After the deficit peaks – at 1.5% of gross domestic product (GDP) next financial year – it will then take a decade to balance the budget.
Here’s how a ‘silent’ tax hike is balancing the budget - with the heaviest burden on the lowest paid
By Chris Murphy Verified|Daily Bulletin AUVerifiedWith just over three weeks to go until the federal election, both major parties are trying to position themselves as Australia’s better economic managers. Labor was able to hand down two consecutive budget surpluses in its current term. But the most recent federal budget shows a return to deficit this financial year. After the deficit peaks – at 1.5% of gross domestic product (GDP) next financial year – it will then take a decade to balance the budget.
Company Info
The Cap Times
Madison, Wisconsin, United States
+1 608-252-6400