Australians flattened by biggest tax increase in world, page-8

  1. 1,488 Posts.
    lightbulb Created with Sketch. 45
    Back to playing with your box of rocks.
    Take note of the last line, nugget.


    The temporary LMITO was introduced in the 2018-19 budget, extended during the pandemic, and then increased by the Morrison government (and supported by the then-opposition) during its pre-election March 2022 budget for a single year.
    Neither Labor nor the Coalition had ever planned for it to be retained for 2022-23 or beyond.
    Last edited by Rickets: 28/04/24
 
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