Treasurer Scott Morrison sure seems to have swallowed Treasury’s Kool Aid that the Federal Budget will return to surplus by 2020-21, raising the prospect that the Coalition may cut income taxes leading up to the next Federal Election. From The AFR:
With the 2017 budget having significantly repositioned the government on a range of spending issues, and lifting a range of taxes, attention will inevitably turn to the income tax policy position it takes to the next election…
