Middle Australia wins from the government’s tax plan, but the budget is the biggest loser
- Written by: Brendan Coates, Program Director, Economic Policy, Grattan Institute
Tang Yan Song/ShutterstockThe Albanese government decision to revise the Stage 3 tax cuts has ignited a political firestorm.
The government argues revising the plan to give bigger tax cuts to low-and middle-income earners struggling with the cost of living justifies breaking an election promise.
The opposition says the changes will make bracket...
Read more: Middle Australia wins from the government’s tax plan, but the budget is the biggest loser