Reflections on the 2021 Intergenerational Report
Economic Policies, Taxation, The Australian Economy | 15th August 2021
The 2021 IGR, released some six weeks ago, suggests that Australia will be running budget deficits for the next 40 years. But that’s only because of the quite arbitrary assumption that tax collections will remain ‘capped’ at 23.9% of GDP, forever more. There’s no reason why that should be the case.
2021-07-02 Reflections on the 2021 Intergenerational Report