Morrison govt may pull forward $158b in personal income tax cuts to fight recession | Sky News Australia

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In a bid to boost the economy out of the current recession, the Morrison government may pull forward $158 billion worth of personal income tax cuts in the budget next month.

4min

The Age has reported Treasurer Josh Frydenberg has layed down infrastructure spending, increasing the skills of workers, business tax relief and the reduction of business red tape as facets of the government’s plan to reignite the economy. Sky News contributor Caleb Bond said, “It’s an immediately smart move to make, if you’re already talking about tax cuts why not bring them forward. “This is a great opportunity for Josh Frydenberg, I think this will be the making of Josh Frydenberg.

 

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Burn baby burn. need to clear out some dead economic wood

What incompetent dick-heads have we got running our country? Shame we can't have a re-run of the last election.

What the hell is going on in Australia?

what an outrageous waste of money, this mob are truly teflon thieves

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Income, company tax cuts to feature in budget | Sky News AustraliaSky News Political Editor Andrew Clennell says income and company taxes will be a feature of next month’s federal budget.\n\n“The government keeps saying they are the party of lower taxes,” Mr Clennell said.\n\n“In terms of income taxes being brought forward and another push for company tax cuts.\n\n“The 2018 promise on income tax cuts have the cuts occurring out until 2024\u002F25, well they’re probably not needed then as they are now.\n\n“It certainly makes sense for them to be brought forward.”\n\nThe budget, usually released in May, has been delayed until October 6.\n 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? aclennell RECESSION! 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.
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