There are about half a dozen reasons why Labor and the crossbench in the Senate should block the government’s tax package next month.
- Crispin Hull
- The Canberra Times
First, upper and upper-middle income earners already got a generous tax cut last year.
Second, the all-or-nothing approach amounts to blackmail.
Third, it is bad economics and risk management.
Fourth, in these says of fake news, election lies, and massive spending, who knows if a government has a mandate to do anything?
And fifth, the cuts will undermine more than a century of a progressive federal income-tax system which imposes higher rates of tax on higher incomes…