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Stages 1 and 2 of the tax cuts should pass. But Stage 3 would return us to the 1950s

imageThere's a retro quality to Stage 3 of the Coalition's tax plan, one the parliament ought to carefully consider before saying yes.Shutterstock

The first item of business when parliament resumes today will be the proposed tax cuts.

They are actually three rounds of tax cuts, up to half a decade apart – each very different in its cost,...

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