Government pitches tax ‘relief’ in election-focused budget
- Written by Michelle Grattan, Professorial Fellow, University of Canberra
Treasurer Scott Morrison has unveiled an income tax plan that will cost $140 billion over a decade and initially deliver tax relief of $530 a year for 4.4 million people earning between $48,000 and $90,000.
The three part plan is the centrepiece of Tuesday night’s budget, which also brings forward by a year the forecast return to surplus and...