Anthony Albanese said the government is “determined to argue our case” that the new package is superior to the Morrison government’s stage-three plan. The new tax cuts would give back $359bn over 10 years, delivering bigger savings to all taxpayers earning less than $146,486.
Anthony Albanese said the government is “determined to argue our case” that the new package is superior to the Morrison government’s stage-three plan. On Sunday the prime minister said he was “very confident” of the new plan passing parliament, even as the Greens called to raise the tax-free threshold. In an interview with Sky News, Albanese noted that the opposition leader, Peter Dutton, “wouldn’t rule out him voting for it” – a further sign of Labor’s support.
The new tax cuts would give back $359bn over 10 years, delivering bigger savings to all taxpayers earning less than $146,486. The plan extends tax cuts to those earning between $18,200 and $45,000 who were due to miss out on the stage-three cuts legislated to take effect in July
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