Solution-What do you think happened to real tax revenue

What do you think happened to real tax revenue

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In Australia, income tax brackets are not indexed. When inflation pushed up nominal incomes, what do you think happened to real tax revenue? (This phenomenon is known as 'bracket creep')

Reference no: EM132046309

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What do you think happened to real tax revenue

Reference no: EM132046309

Reference no: EM132046309

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