Labor to rush tax changes
Phillip CooreyPolitical editor
Labor will reconvene Parliament quickly if it wins the election to try to legislate billions of dollars in tax changes, including an increase to the top marginal tax rate, tax cuts for low and middle income earners and possibly a crackdown on trusts and franking credits.
With the election to be called any day now for May 18, Labor, should it win, would be able to schedule Parliament to sit in June and try to have the existing Senate pass the changes.
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Phillip Coorey is the political editor based in Canberra. He is a two-time winner of the Paul Lyneham award for press gallery excellence. Connect with Phillip on Facebook and Twitter. Email Phillip at pcoorey@afr.com
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