Australia bringing tax cuts forward

News.com.au reports:

Scott Morrison has all but confirmed income tax cuts will be brought forward in the budget after slamming a new advertising campaign arguing against the move as “taking money out of people’s pockets”.

The Prime Minister’s blunt response was triggered by a new national campaign to be launched by the left-wing think tank the Australia Institute today urging the Morrison Government not to fast-track income tax cuts in the October 6 budget.

The campaign, which will be rolled out on television screens from tonight, is arguing against the early introduction of legislated tax cuts worth up to $2565-a-year.

The tax cuts, worth $20 billion, were scheduled to come into force in 2022.

Australia moving fast in the direction of allowing workers to keep more of what they earn.

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