There’s more indications today that the Morrison Government will seek to spend Australia’s temporary Budget windfall from higher than expected commodity prices on bringing forward $10 billion of ‘stage-2’ personal income tax cuts – currently scheduled to come into effect from 2022. From The Canberra Times:
The tax cuts, worth up to $1350 or $25 a week for median to high income earners, would wedge Labor into matching or bettering the government’s proposal earlier than expected in a move that would affect 94 per cent of taxpayers…
