Coalition voters win in Labor’s tax U-turn: PM

Original article by Phillip Coorey
The Australian Financial Review – Page: 1 & 7 : 31-Jan-24

Treasury analysis shows that the federal government’s proposed changes to the stage-three income tax cuts package will strongly benefit Coalition voters. The analysis suggest that about 85 per cent of voters in seats held by the Liberal or National parties will be better off than they would have been if the tax cuts had gone ahead in their original form. The federal government will use the Treasury data to seek the Coalition’s support for its changes. The Opposition will not decide its formal stance on the changes until parliament resumes next week; however, it will continue to reiterate that Labor has broken an election promise regarding the tax cuts.

CORPORATES
AUSTRALIA. DEPT OF THE TREASURY, LIBERAL PARTY OF AUSTRALIA, NATIONAL PARTY OF AUSTRALIA, AUSTRALIAN LABOR PARTY

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