Politics Now cover image

A tax cut in Labor's 'battle-ready' budget

Politics Now

00:00

The Consequences of High Tobacco Taxes and Government Revenue Losses

This chapter examines the potential distractions caused by a new tax cut in the budget, particularly in relation to deeper economic issues. It also highlights the unintended consequences of high tobacco excise rates, which have fueled a black market and severely diminished government revenue from tobacco taxes.

Transcript
Play full episode

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app