Lats · @Lats
148 followers · 1367 posts · Server aus.social@mojo and think of the money available if the #StageThreeTaxCuts are canceled like any sensible person would do. Fixing the tax system should be a priority! You would think in this day and age that #TrickleDownTheory was sufficiently discredited.
#trickleDownTheory #stagethreetaxcuts
Aussie News :firstnations: · @aussienews
23 followers · 387 posts · Server tictoc.social‘Hyperventilating’ critics can expect restrained budget come May: treasurer https://www.crikey.com.au/2023/02/06/cost-living-federal-budget-restrained-treasurer-chalmers/ #ReserveBankofAustralia #TreasurerJimChalmers #Australianeconomy #stagethreetaxcuts #economicpolicy #federalbudget #costofliving #jimchalmers #inflation #words_800 #Business #Politics #Economy #News
#reservebankofaustralia #treasurerjimchalmers #australianeconomy #stagethreetaxcuts #economicpolicy #federalbudget #costofliving #jimchalmers #inflation #words_800 #business #politics #economy #news
Voices of Wentworth · @VoicesofWentworth
448 followers · 664 posts · Server toot.community”Given Australia’s reliance on personal income tax (one of the highest in the OECD), the predicted fall in the working population corresponds with budget worries over how to pay for services such as the aged pension and the healthcare system.
“The #StageThreeTaxCuts are predicted to cost the budget $254bn over 10 years in forgone tax revenue.”
#tax #auspol #WealthInequality #revenue
https://www.theguardian.com/australia-news/2023/jan/03/david-pocock-wants-stage-three-tax-cuts-revisited-in-light-of-shrinking-workforce
#stagethreetaxcuts #tax #auspol #wealthinequality #revenue