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Miranda Stewart, Professor, The University of Melbourne

If governments were really concerned about tax and the cost of living they would cut the cost of childcare

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Amid the talk about tax changes set to cut the middle-income rate to 30%, a shortage of workers and incomes not keeping up with the cost of living, one common threat shines through.

It’s the cost of childcare, which, according to new calculations, imposes an effective tax as high as 70% on a second-earner wanting to work a fourth or fifth day a week.

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