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Labor opposes tax cuts for wealthy but won’t rule out passing them in budget package


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Shadow treasurer Jim Chalmers signals opposition but says party needs to see measures in detail before taking position

Labor has signalled it remains opposed to tax cuts for high-income earners if the Morrison government brings its stage three changes forward in Tuesday’s budget.

But the shadow treasurer, Jim Chalmers, on Sunday left open the prospect of voting for the proposal if the government rolled up the budget tax cuts as a package. He said Labor needed to see the measures in detail before taking a position.

Continue reading…Shadow treasurer Jim Chalmers signals opposition but says party needs to see measures in detail before taking positionLabor has signalled it remains opposed to tax cuts for high-income earners if the Morrison government brings its stage three changes forward in Tuesday’s budget.But the shadow treasurer, Jim Chalmers, on Sunday left open the prospect of voting for the proposal if the government rolled up the budget tax cuts as a package. He said Labor needed to see the measures in detail before taking a position. Continue reading…