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Flat White

Instead of squabbling over tax cuts, let’s talk about real reform

2 July 2019

5:00 AM

2 July 2019

5:00 AM

The left’s calls for the Coalition to abandon its tax cut agenda and open the government purse strings for more spending are usually rejected by those on the right on the basis that deficit spending will drive up debt, leaving a burden for future generations to pay off.

While this is undoubtedly an important reason to reject Keynesian deficit spending, it is not the only reason — nor even the most important.

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