Thursday, 21 Nov 2024

Growing number of Australians want the stage-three tax cuts scrapped, poll shows

Growing number of Australians want the stage-three tax cuts scrapped, poll shows


Growing number of Australians want the stage-three tax cuts scrapped, poll shows
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Public support for the stage-three tax cuts continues to fall, with polling showing increased support for scrapping the $243bn plan.

The last stage of the Morrison government tax reform is not legislated to come into effect until July 2024, but a downturn in the economy has put increased pressure on the Labor government to make a decision on whether it will keep the cuts in place.

The opposition has seized on the change in language as one of its first opportunities to land a political blow against the government since the election, claiming Labor was setting the scene to break an election promise. MPs within Labor are also split on the issue of breaking a commitment the party took to the polls.

The Australia Institute poll conducted last month found the majority of Australians valued sound economic management over keeping an election promise.

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