Treasurer Josh Frydenberg doubled down on the $144 billion in personal income tax cuts in last year's budget by offering even greater benefits to 10 million workers and surpassing the tax relief already on offer from Labor.Mark Stehle
Workers will not see a meaningful pay rise for the next 18 months under the gloomier outlook, sharpening the political contest over workplace laws as Mr Shorten campaigns on restoring penalty rates and raising the minimum wage. "Anyone who opposes it doesn't believe in easing the cost of living, incentivising hard work and rewarding Australians," Mr Frydenberg toldThe government denied the tax cuts were a "pie in the sky" promise, given they would not be legislated before the election, would take years to flow through to households and depended on optimistic forecasts for tax revenue.
The budget is likely to repeat the debate from one year ago when Labor rejected the second and third stages of the government's $144 billion tax pakage. But the government will not put the package to Parliament before the election campaign. The budget sets out surpluses worth $31.7 billion over the four years to June 2022, up from $15.3 billion for the same period in the forecasts issued last May.
CroweDM A surplus actually means that somewhere along the line we will have major cuts elsewhere. The surplus story is a myth that politicians keep spinning to the taxpayers.
CroweDM Bribes for votes.Once again the politicians are treating the working poor as mugs, the majority of low paid workers are happy to pay their fare share of tax as we want quality healthcare & education in our country.
CroweDM Nothing for pensioners or newstart.
CroweDM 'CHEECH' (THE LYING TAX PAYING TRAVELLER} and CHONG ( THE AMBITIOUS TRAVELLER) SHOW!!!!!!!
CroweDM The only party concerned with fiscal management. The Labor Party are like drunken sailors when they get the purse strings. Hang on, that’s an insult to drunken sailors, Labor is worse than that!
CroweDM I want a party to campaign on tax increases for once.
CroweDM The big print giveth and the small print taketh away.
CroweDM BS is BS no matter how they present it. auspol
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