Saturday, 6 July 2019

Income tax cuts: Labor 'concerned' but won't commit to repealing stage three yet

Catherine King says it’s too early to talk about ‘economically irresponsible’ measures that come in 2024-25

The Labor frontbencher Catherine King says the party remains “concerned” about the cost of the third stage of the tax cut package, but says it is too early to commit to repealing the measure.

King, who took over the infrastructure portfolio from Anthony Albanese following the 18 May election, defended Labor’s decision to back the full $158bn tax cut package despite holding concerns it was “economically irresponsible”.

Continue reading...

from World news | The Guardian https://ift.tt/2XvkBxK

No comments:

Post a Comment

Former Emir of Qatar Sheikh Hamad bin Khalifa Al Thani dies aged 74

He took power in 1996 after staging a bloodless coup against his father, and went on to transform Qatar into the gas-rich power it is today....