Shadow treasurer Angus Taylor has reiterated Liberal senator Jane Hume by saying that the Coalition will unveil a tax package before the next election that aims to address bracket creep. Taylor claimed that further tax reform was necessary because personal income taxes had increased by 23 per cent over recent years as a result of inflation. “The best way to get them back to where they need to be is put downward pressure on taxes. That’s the starting point,” he said on ABC’s Insiders.
We said we’ll deliver a tax package before the next election which is in keeping with the stage three tax cuts. “Critical to that is making sure that we don’t see the insidious creep of income taxes which we have seen 23 per cent under Labor.” Taylor added that the Coalition wanted to see more private sector investment. “This is a crucial differentiation between us and Labor. They think the way to get the economy going over the medium term is to get the government to invest.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Australia Latest News, Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Brother/sister musicians Angus and Julia Stone speak about their musical rootsSarah Ferguson presents Australia's premier daily current affairs program, delivering agenda-setting public affairs journalism and interviews that hold the powerful to account. Plus political analysis from Laura Tingle.
Source: abc730 - 🏆 14. / 63 Read more »
BHP ASX: BHP’s Anglo bid will turn into a ‘complete mess’: Angus AitkenThe prominent stockbroker has told his clients the strategy to buy the whole company to just get its copper and coal mines “seems crazy to us”.
Source: FinancialReview - 🏆 2. / 90 Read more »
Aussie music duo Angus and Julia Stone sue former manager in Supreme CourtMusic duo Angus and Julia Stone are suing their former manager and a major international firm for allegedly overcharging them, however a court has heard local artist protection laws may not apply.
Source: 9NewsAUS - 🏆 10. / 72 Read more »
Angus Beaumont was murdered in 2020 — institutional failings helped create his killerAn ABC investigation reveals the failings that helped create one of Queensland's youngest killers.
Source: abcnews - 🏆 5. / 83 Read more »
Coalition MPs dismiss International Energy Agency advice to ditch nuclear plansIEA chief urges Australia to prioritise ‘untapped potential in solar and wind’ as opposition pushes on with its nuclear policy
Source: GuardianAus - 🏆 1. / 98 Read more »
Coalition rift emerges over Dutton’s nuclear plansConcerns over political risk have slowed the opposition energy plan, casting doubt on the Coalition’s previous aim of announcing six possible nuclear sites before the May budget.
Source: smh - 🏆 6. / 80 Read more »