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'Put up taxes on the rich to cut inflation'
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'Put up taxes on the rich to cut inflation'

Former Bank of England policymaker says Governments should be 'fiscal policy mates' for central banks by putting up taxes on the wealthiest, who benefited the most in recent years
Bernard Hickey
Jul 10, 2023
∙ Paid
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A UK economist says higher income taxes on the wealthiest is the way to slow stubbornly high inflation. Photo: Lynn Grieveson / The Kākā

TL;DR: The debate this election year about taming inflation has been framed around cutting Government spending as the only way fiscal policy can and should be a ‘mate’ to the Reserve Bank in its fight to drag inflation …

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The Kākā by Bernard Hickey
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