Scott Morrison and the Laffer napkin
Scott Morrison’s tax cuts are based on an American theory of economics trialled in the 1970s. But the evidence since suggests trickle-down economics does not work. Mike Seccombe on why the Coalition perseveres with its reforms.
Background reading:
Reagan "voodoo" at the budget's heart in The Saturday Paper
The Saturday Paper
The Monthly
Guest: National correspondent for The Saturday Paper Mike Seccombe. For more information on today’s episode, visit 7ampodcast.com.au.
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