Airbus Albo reported to be getting ready to renege on stage 3 tax cuts, page-90

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nugget_hunter

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23/01/24

09:12

Post #: 72014050
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Originally posted by muyakea: ↑

Breaking in the news now, no confirmation but where there is some there is usually at least a spark. Would be a major election back flip by Airbus and leave him very vulnerable to a 'no carbon tax' like attack by the coalition.

As to the rights and wrongs that will depend on what tax bracket people are in I guess but when cut the top end, it tends to have a knock on effect that ends up impacting the economy adversely.

Anthony Albanese accused of plan to scrap tax cuts for people on $180,000 | Herald Sun

Anthony Albanese has been accused of preparing to break a huge election promise by scrapping planned tax cuts for people earning over $180,000 a year.After pledging the tax cuts “will happen” there are unconfirmed reports today that the Stage 3 tax cuts are in a firing line as the Prime Minister weighs increasing tax relief for low and middle income earners.The claim was made today on 2GB’s Chris O’Keefe program.The Prime Minister’s office was contacted for comment by news.com.au today and a spokesman said there were no current plans to alter the tax cuts.“The government’s position hasn’t changed,’’ a spokesman said.Government sources claimed the 2GB speculation was “wrong” but refused to confirm or deny that the cabinet will consider some changes to the Stage 3 tax cuts at Tuesday’s cabinet meeting.“Okay, I’m gonna kick the show off, like this Stage Three tax cuts - the Prime Minister Anthony Albanese is about to overhaul them, restructure them, re-legislate them whichever way you want to spin it,’’ O’Keefe said.

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"breaking news" is albo being accused of planning a meeting? Come on.

For the record im due to do very well from S3TC, but even I can see they are worth reviewing with the economy in the crapper
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