Low-income earners will 'get no benefit from tax cuts', Coalition warned

High-income earners would gain $104 a week while those on low incomes would get just 50 cents, modelling shows

Bringing forward the Coalition’s income tax cuts would give high-income earners an extra $104 a week while low- to middle-income earners would gain just 50 cents to $4 a week, according to new modelling.

The Australian Council of Social Service released the modelling on Monday to warn the Morrison government off any attempt to bring forward phases two and three of its income tax package in Tuesday’s budget.

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from The Guardian https://ift.tt/2I1EQz7
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