The Coalition’s tax plan favours the rich and doesn’t solve bracket creep for middle-income earners

The Coalition’s tax plan favours the rich and doesn’t solve bracket creep for middle-income earners

By John Daley and Danielle Wood Updated May 11, 2018 15:34:21 Photo: Treasurer Scott Morrison and Finance Minister Mathias Cormann pose with the 2018-19 Budget. (ABC News: Matt Roberts) The top 20 per cent of income earners in Australia will benefit most from the Turnbull government’s tax plan, unveiled in …

Federal budget tax cuts locked in for low and middle-income earners | Australia news

Low and middle-income earners have emerged as the biggest winners from the government’s planned tax cuts, with a dual-income family potentially saving $1,000 a year on their annual tax bill. The measure is part of a three-point plan to overhaul the Australian tax system, with the government flagging its plans …

Budget 2018: Scott Morrison gives tax system a shake-up in pre-election plan aimed at low-income earners – Budget 2018

Budget 2018: Scott Morrison gives tax system a shake-up in pre-election plan aimed at low-income earners – Budget 2018

Updated May 08, 2018 22:01:09 Small tax cuts and more relief over the next seven years are at the heart of the federal budget, with a dramatic shake-up of the tax system beginning in July. Key points: Tax overhaul forms the main plank of the 2018 budget Big money also …

Federal Government to unveil tax cuts worth $10 a week for low and middle-income earners – Budget 2018

Federal Government to unveil tax cuts worth $10 a week for low and middle-income earners – Budget 2018

Updated May 07, 2018 19:40:36 Low and middle-income earners will get tax cuts worth up to $10.50 a week in tomorrow’s budget. The ABC understands that while the measure will start on July 1, the tax break will come in the form of a bigger end-of-year tax rebate. The tax …