The 2020 Budget (boomer trigger warning), page-100

Self funded retirees didn't get slammed by Labor's jealousy tax.

Businesses are being helped with asset write offs which not only helps that business but the business they buy their asset from.

Tax cuts do indeed feed back through the economy, most of that money goes to the middle income brackets who are struggling to survive just like everyone else. The jealous types refer to a family with $150k income as wealthy but that's just ignorant drivel, these people will spend that money just like anyone else