ken henry, a boomer who is touch with the real world, telling it like it really is:
'Henry, who called for personal income tax rates to move with inflation, said not only were young people being hurt by increasingly high average tax rates, other policy areas were stacked against them.
“Young workers are also being denied a reasonable prospect of homeownership,” he said.
“They are burdened by the punishing costs of securing a tertiary education.
Henry said voters, concerned about self-interest, were electing populist governments that were engaged in “intergenerational larceny”. They were aided by vested interests that did not want any change because they benefited from the current inequitable tax system.
