Morrison puts $31bn price on Labor tax

Original article by Simon Benson
The Australian – Page: 1 & 4 : 31-Aug-17

Federal Treasurer Scott Morrison will use his annual Bloomberg address to highlight the economic impact of the Opposition’s tax policy. He will argue that the tax take would increase by $A31bn a year under a Labor government, as the tax-to-GDP ratio would rise to 25.7 per cent. The Coalition aims to maintain the tax-to-GDP ratio at 23.7 per cent. Morrison will also call for a greater focus on health and education as a key driver of growth in productivity.

CORPORATES
AUSTRALIA. DEPT OF THE TREASURY, AUSTRALIAN LABOR PARTY, BLOOMBERG LP, AUSTRALIA. DEPT OF FINANCE

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