Treasury Secretary Steven Kennedy revealed a telling tax statistic in an underreported briefing about the Intergenerational Report to the Committee for Economic Development of Australia last week.
Less than one in five seniors over 65 pays any income tax.
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John Kehoe is economics editor at Parliament House, Canberra. He writes on economics, politics and business. John was Washington correspondent covering Donald Trump’s first election. He joined the Financial Review in 2008 from Treasury. Connect with John on Twitter. Email John at jkehoe@afr.com
