Modern Australian

Most of the benefits from the budget tax cuts will help the rich get richer

  • Written by Robert Tanton, Professor, University of Canberra
Most of the benefits from the budget tax cuts will help the rich get richerChris Samuel/Flickr, CC BY-SA

In the federal budget, Treasurer Scott Morrison promised tax cuts to all working Australians in the form of an offset and changes to tax income thresholds. But our analysis of Treasury data shows that while the government advertised these as payments to low and middle income Australians, most of the benefits would flow...