Original article by John Kehoe
The Australian Financial Review – Page: 1 & 6 : 8-Apr-19
Taxation is set to be a key issue during the upcoming federal election, with Prime Minister Scott Morrison stating that the Coalition will drive economic growth via lower taxes. Labor in turn has criticised the Coalition’s income tax package, arguing amongst other things that it favours people on high incomes and it will not be fully implemented until 2024. Meanwhile, analysis suggests that the average full-time worker who is earning $100,000 a year in 2024 would be more than $2,000 a year worse off under Labor’s tax policy.
AUSTRALIA. DEPT OF THE PRIME MINISTER AND CABINET, AUSTRALIAN LABOR PARTY, AUSTRALIA. DEPT OF THE TREASURY, LIBERAL PARTY OF AUSTRALIA, NINE ENTERTAINMENT COMPANY HOLDINGS LIMITED – ASX NEC