Labor and the Coalition have claimed their various tax plans would “solve” bracket creep. But the silent tax on all workers will continue.
The opposition leader accuses Prime Minister Anthony Albanese of lying – and finds himself firmly astride an uncomfortable wedge.
The issue is a potential test for the government after it broke its election promise to keep stage 3 cuts in their original form,raising questions about other tax pledges.
Someone whose income ticks over six figures is set for a tax cut of just over $2000,but their bank is likely to lend them many times more.
Tax cuts could stall the rate relief that I and so many others sorely need.
Competing scare campaigns about big new tax cuts were also unveiled as the Coalition agreed to pass Labor’s revised stage 3 package.
Treasury forecasts show most workers will pay less tax over the next decade if the draft law is passed,but the opposition leader will continue to seek changes.
The PM has got the nation talking about what he wants on his terms – something he had largely failed to do before now.
Anthony Albanese is on a mission to pressure Peter Dutton into a quick decision on the revised stage 3 tax cuts and shift the attention off his broken promise.
Analysis of the overhauled stage 3 tax cuts shows the vast majority of workers would benefit over the next 10 years,as the government prepares to introduce its legislation this week.
Labor will argue thousands of voters in Coalition-held seats in NSW and Victoria will be better offer under its tax overhaul,as the opposition gears up to hammer the government over its broken promise when parliament returns.