Peter Dutton backs away from tax cuts for the rich

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Peter Dutton backs away from tax cuts for the rich
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Opposition Leader Peter Dutton said Australians were just as focused on inflation as Americans who elected Donald Trump as he refused to commit to the reform.

Opposition Leader Peter Dutton is backing away from his tax cut pledge for highly paid Australians, saying reform will depend on the state of the economy in a major shift of the Coalition’s election strategy.

“ depends on where the numbers are as we go into the election and how much money is available and how we prioritise our spending and how we do it in a way which is targeting inflation, so that interest rates can come down,” he said. In February, Dutton committed to tax reform stating: “We will take to the next election a significant tax policy which will reduce taxes for Australian taxpayers.”

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