Australia bringing tax cuts forward 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.

Comments (51)

Login to comment or vote

Add a Comment