Following a leak yesterday of the Turnbull Government’s post-Budget advertising script, it is understood that the Coalition will target raising taxes on cigarettes, high-end superannuation and a crackdown on multinational tax avoidance in a bid to raise $16 billion in Budget revenue over four years.
The Turnbull Government is expected to copy Labor’s plan to raise the excise on cigarettes, which could see the price of a packet of cigarettes soar to $40, or around $2 a dart.
