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Andrew Bragg

Why stage three tax cuts should be here to stay

If Labor gives into the Greens and teals, this broken election promise will go down as a Kevin Rudd-style ‘economic conservative’ moment.

Misguided Greens and independents are urging Treasurer Jim Chalmers to drop the stage three tax cuts that were legislated by the former Coalition government.

A seemingly innumerate statement from independent MP Monique Ryan says it all about this debate. Ryan has said: “Anything that’s going to give $243 billion to top-income earners over our society is inadvisable.”

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Andrew Bragg is a Liberal senator for NSW, and Coalition spokesperson on home ownership

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    Original URL: https://www.afr.com/politics/federal/why-stage-three-tax-cuts-should-be-here-to-stay-20220904-p5bfbi