this post was submitted on 24 Jan 2024
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Australian Politics

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Most taxpayers to get $804, but high-end tax cut halved as government rewrites stage 3 (www.abc.net.au)
submitted 9 months ago by [email protected] to c/[email protected]
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The government will halve the stage 3 tax cuts for the highest earners and use the money to deliver an $804 tax cut across the board.

The prime minister will tell press club the reversal was motivated by changing economic circumstances.

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[–] [email protected] 0 points 9 months ago (1 children)

Robbing Peter to pay Paul. We have a budget surplus ….

[–] [email protected] 0 points 9 months ago

Comm bank gotta make its 10.2b every 12 months or mum and dads to broke 🤷🏻‍♂️

[–] [email protected] 0 points 9 months ago* (last edited 9 months ago) (1 children)

I will get some benefit from this, which is great 👍🏻

[–] [email protected] 0 points 9 months ago

I lost out with these changes, but I also agree it’s great!