The Pea & Thimble Trick
In episode 6, we tackle the perennial favourite of politicians in an election year - income tax cuts. Do personal income tax cuts really lead to economic growth and job creation? Does more money in the wallet increase incentives and make people work harder? We put those claims to the test.
Produced by Jennifer Macey - @jennifermacey
Matt Grudnoff's latest report on Income Tax Cuts - Good economics or populism?
You can subscribe to The Australia Institute's podcast series Follow The Money on iTunes. Each episode busts some economic myths, interprets econobabble and helps you sound really smart at your next dinner party.