Monday, 29 January 2024

Stage 3 tax cuts

 The Federal government has changed the stage 3 tax cuts,  Stephen Hamilton believes the changes has made them better in quality terms.

I tend to agree. I figure most people expect promises to be broken more so if you are improving the situation. I see the criticism has gotten to the stupid with David Littleproud saying $190k is not a lot of money!

If it were me I would put priority on budget repair and thus getting rid of the structural budget deficit. The tax cuts which were legislated when no-one had any idea of what the economy would be like was was simply madness.

We have scared politicians at present who lack the confidence to argue a case in public. Alas

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