“Tax reforms” have stacked the tax system in favour of the rich, while making ordinary workers pay more, argues Peter Boyle.
Stage 3 tax cuts
Labor is only offering a milder version of the same wrong tax policy, while tossing a few peanuts to the working class, argues Peter Boyle.
Despite their ballooning wealth, the corporate rich are using their power to demand more tax breaks and protect their industrial-scale tax dodging. Peter Boyle reports.
It's probably no surprise that the Intergenerational Report 2023 passed without much comment. It forecasts the need for greater income revenue, and that will fall to a younger generation. Sam Wainwright reports.
Alex Bainbridge writes new analysis by the Parliamentary Budget Office has found that the cost of the “Stage 3” tax cuts will be $313 billion over 10 years — a huge increase on the $254 billion previously estimated.
Labor’s commitment to tax cuts for the rich and the $368 billion submarine deal means that even more funding will be cut from already stretched health, aged care, education and welfare services. Darren Saffin reports.
A new Australia Institute report reveals that a staggering 93% of income growth over the past decade in Australia went to the top 10% of income earners, reports Isaac Nellist.
Superannuation tax concessions now cost as much as the age pension and more than the National Disability Insurance Scheme, writes Peter Boyle.
“Stop the cuts,” is the usual left response at budget time. But on the eve of the first budget to be delivered by the Anthony Albanese Labor government, there are three cuts we should support. Peter Boyle reports.
Greens, Socialist Alliance and Australian Progressives protested against the stage 3 tax cuts for the rich at Treasurer Jim Chalmers' Logan office. Alex Bainbridge reports.
The rising cost of living and the strain on public services mean Labor must junk its support for the Coalition's stage 3 tax cut policy, argues Mary Merkenich.