The Latest Breaking News from Tax Cuts

'Strikingly inappropriate: One hundred economists are calling on the federal government for its stage three tax cuts to be dumped.

Arthur Laffer, the Reagan-era guru of trickle-down economics, was unchastened by the deficit explosion back then, which effectively disproved his theory that cutting taxes on the rich would increase government tax revenue. According to a recent Washington Post writeup, Laffer continues to be unchastened now, even as Britain reels from…

Shadow treasurer describes the policy as the greatest ‘marker of values in this term of parliament’

In today’s newsletter: a survey finds more than two-thirds of respondents want the government to intervene in energy market; Tanya Plibersek says she’d ditch tax cuts; and a flood rescue support package will be announced

Longtime Labor supporter says Plibersek told him she disagreed with the decision to keep tax cuts legislated by former Coalition government

Reinstalled levelling up secretary says he understands public anger at party’s choice of Truss and her tax cuts for the rich

Following the brutal market backlash against her plans for unfunded tax cuts and tens of billions of pounds in additional spending, Liz Truss resigned as British prime minister, succeeded by her Tory rival, Rishi Sunak. The international media is now struggling to make sense of it all, but the task…

The claim of irresponsible Republicans that they would do a better job than Democrats of containing inflation is just not believable.

Well-off households will get a $5,740 income boost from the Albanese government's biggest budget measures. The poorest will get just $17.