Australian Prime Minister Secures Cabinet Decision for Tax Reform

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Australia,Tax Reform,Anthony Albanese

Prime Minister Anthony Albanese has cleared the way for a furious political fight over tax reform by securing a cabinet decision to offer bigger tax cuts to workers who earn up to about $150,000 a year by amending the stage 3 tax package.

Prime Minister Anthony Albanese has secured a cabinet decision to offer bigger tax cuts to workers earning up to $150,000 a year by amending the stage 3 tax package . The move will increase tax gains for millions of workers at a cost of $20.

7 billion in the first year. However, this exposes Labor to political attack for breaking its election promise. The Coalition accuses Labor of 'chaos and dysfunction' over the changes.

Australia Tax Reform Anthony Albanese Tax Cuts Stage 3 Tax Package Labor Coalition

 

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