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PM hints at expansion of stage 3 tax cuts to benefit lower-income earners | ABC News
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Prime Minister Anthony Albanese has given the strongest indication yet that the stage 3 tax cuts will be expanded to benefit lower-income earners.
He told KIIS FM on Tuesday morning that "everyone" would get a tax cut. The stage 3 tax cuts as legislated give no tax cut to those who earn less than $45,000.
Government MPs will meet in Canberra on Wednesday to consider additional cost-of-living supports.
But he shed no light on reports the government was contemplating trimming the tax cut for the highest earners.
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He told KIIS FM on Tuesday morning that "everyone" would get a tax cut. The stage 3 tax cuts as legislated give no tax cut to those who earn less than $45,000.
Government MPs will meet in Canberra on Wednesday to consider additional cost-of-living supports.
But he shed no light on reports the government was contemplating trimming the tax cut for the highest earners.
ABC News provides around the clock coverage of news events as they break in Australia and abroad, including the latest coronavirus pandemic updates. It's news when you want it, from Australia's most trusted news organisation.
Note: In most cases, our captions are auto-generated.
#ABCNews #ABCNewsAustralia
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