An 85-95% effective marginal tax rate means the second earner in a low-income family can increase from two days’ work a week to three, four or five days and be better off by only about $4,000 a year.
Articles on Child care benefit
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Here’s how the government’s new childcare plan will change the way families are given assistance with paying for child care.
The education minister says that under Labor there were child care price spikes of up to 14% over a 12 month period, but under the Coalition those have fallen to “around 6% on average”. Is that right?
Top contributors
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Professor of Economics and Director, Tax and Transfer Policy Institute, Crawford School of Public Policy, Australian National University
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Associate Professor, POLIS@ANU Centre for Social Policy Research, Australian National University
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Professorial Fellow, The University of Melbourne
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Visiting Professor of Tax Law, New York University, and Professor of Law, The University of Melbourne