Intergenerational report forecasts further growth in income tax as share of GDP - Accountants Daily
Why now
Thesis: Long-run fiscal drag on household spending
Catalyst to watch: Budget measures or tax policy changes
Main risk: Forecast assumptions may not hold
Why it matters
Rising income tax share of GDP implies less household disposable income over time, a drag on consumption.
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- googlenews · news.google.com · 2026-09-22 20:51 UTC