Published: May 09, 2019
Parliamentary budget office estimates reveal Labor has about $200bn to spend on tax cuts beyond forward estimates
Labor will better the government’s planned surpluses and have a $200bn war chest to spend on further tax cuts over the next decade, costings to be released on Friday will show.
As Labor seeks to demonstrate its economic credibility and counter Coalition claims about the risk of a change of government, the party will on Friday reveal projections for a surplus more than twice as large as the Coalition’s by 2022, with its tax crackdown to raise $154bn over the decade.
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