No easy fix for Australia’s tax system

2016-06-03 Labor Herald

Shadow assistant treasurer Andrew Leigh argued that when it comes to improving Australia’s tax system, there are no short cuts and no quick fixes. The paper refers to a study by  Alexander Ljungqvist (NYU and affiliated to IFN) and Michael Smolyansky: They find “little evidence that corporate tax cuts boost economic activity, unless implemented during recessions”.

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