Flip Flop Albo at it again, abandons buffet tax rule

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    Flip flop, flip flop, flip flop, is there an Albo in the house? Today yes there is.

    The buffet rule has been flip flopped out of the alp policy lineup, for the moment anyway, The buffet rule - everyone making over $1m a year pays a minimum effective tax rate of at least 30%. No tax deductions for investment loans, etc etc.

    It's just for those earning over $1m I hear a few people say. That's how it always starts, then the threshold comes down shortly after introduction, and is then never indexed.

    Albo just unelectable. No one, not even himself, knows what his policies are or will be.




    https://www.theaustralian.com.au/subscribe/news/1/?sourceCode=TAWEB_WRE170_a_GGL&dest=https%3A%2F%2Fwww.theaustralian.com.au%2Fnation%2Fpolitics%2Fanthony-albanese-drops-tax-slug-for-rich%2Fnews-story%2Fd6d25c9d3dddd124913daeb30e0f184b&memtype=anonymous&mode=premium&v21=dynamic-hot-control-score&V21spcbehaviour=append
 
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