Morrison's return to surplus built on the back of higher tax – Parliamentary Budget Office
- Written by Saul Eslake, Vice-Chancellor’s Fellow, University of Tasmania
First, the good news. The Parliamentary Budget Office’s latest medium-term budget projections provide independent reassurance that the government’s personal income tax cuts, announced in the May budget and passed through parliament in June, can be funded without pushing the budget back into deficit.
But they also sound warnings about...
