this post was submitted on 24 Jan 2024
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Australian Politics

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Most taxpayers to get $804, but high-end tax cut halved as government rewrites stage 3 (www.abc.net.au)
submitted 2 years ago by MHLoppy2@aussie.zone to c/australianpolitics@aussie.zone
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The government will halve the stage 3 tax cuts for the highest earners and use the money to deliver an $804 tax cut across the board.

The prime minister will tell press club the reversal was motivated by changing economic circumstances.

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[–] PetulantBandicoot@aussie.zone 4 points 2 years ago* (last edited 2 years ago) (1 children)

I will get some benefit from this, which is great πŸ‘πŸ»

[–] kerr@aussie.zone 2 points 2 years ago

I lost out with these changes, but I also agree it’s great!