Bill Shorten denies misleading voter over tax increase for earners on $250,000 a year | CroweDM
Bill Shorten has denied misleading a Queensland worker by claiming he would "look at" tax cuts for people earning more than $250,000 a year, even though Labor is going to an election with a plan to add a 2 per cent levy on the same workers.
In a political dispute over trust on the campaign trail, Mr Shorten was asked about a conversation with a group of workers in Gladstone where one of them told him it would be good to see a tax break.AAPIn a part of the conversation picked up by television microphones, Mr Shorten replied: "We’re going to look at that."supporting the second and third stages of the government’s $158 billion tax cut.
The Labor stance means workers earning more than about $90,000 a year would gain a bigger tax cut from June 2022 under the Coalition policy compared to the Labor alternative. Labor offers a bigger tax cut for workers earning up to $48,000 a year and phases out its $1080 tax offset, which matches the Coalition, once a worker earns $126,000.
As well, Labor intends to legislate a budget repair levy on workers earning more than $180,000 a year, adding 2 percentage points to the 45 per cent marginal tax rate on earnings over that level."No, we've actually said, previously … that we will take off the budget repair levy in 2022-23," Mr Shorten said.
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