Sky News Political Editor Andrew Clennell says income and company taxes will be a feature of next month’s federal budget. “The government keeps saying they are the party of lower taxes,” Mr Clennell said.
“In terms of income taxes being brought forward and another push for company tax cuts. “The 2018 promise on income tax cuts have the cuts occurring out until 2024/25, well they’re probably not needed then as they are now. “It certainly makes sense for them to be brought forward.” The budget, usually released in May, has been delayed until October 6.
aclennell Of course borrow to fund those who will not consume and cut those who do consume. In a deflationary economy? This government does not understand basic economics.
aclennell They are always a feature of the budget. But the question is going up or down? Or do they need more covid test results?
aclennell News Corp/SKY don't pay any Australian. Probably about time they did. That would help Australia rather than sending all their profits overseas tax free.
aclennell JoshFrydenberg
aclennell RECESSION!
aclennell STOP FEEDING ASIA WITH TOXIC COAL! OUR PLANET IS DYING! IF ADANI MINE GO AHEAD,DROUGHTS, FLOODS, CYCLONES WILL INCREASE! EARTH WILL BE COOKED & FRIED! WE HAVE CLIMATE EMERGENCY LISTEN TO SCIENTISTS STOP TAX AVOIDANCE DRAIN THE SWAMP! HOW ON EARTH COULD BELOW POSSIBLY HAPPEN?