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Tasmanian economist warns tough decisions, possibly including tax hikes, needed to address severe state debt.
Tasmanian economist Saul Eslake warns that addressing the state's severe debt crisis will require tough decisions likely to harm vulnerable residents.
Eslake criticizes the government for spending without a clear funding plan, leading to the worst financial situation among Australian states.
He advises against asset sales and suggests considering tax increases despite the government's opposition.
The debt crisis stems from unfunded public sector liabilities and poor financial management.
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Economista de Tasmania advierte decisiones difíciles, posiblemente incluyendo aumentos de impuestos, necesarias para abordar la deuda estatal severa.