In sticking with tax cuts divorced from reality, Labor is left with a hard choice
- Written by John Quiggin, Professor, School of Economics, The University of Queensland
The big question prior to Treasurer Jim Chalmers delivering the Albanese government’s first budget on October 26 has been whether it will seek to modify the “stage 3” tax cuts legislated by the Morrison government, with Labor’s support.
The cuts, set to come into effect in 2024, reduce the marginal tax paid on incomes...
Read more: In sticking with tax cuts divorced from reality, Labor is left with a hard choice