Treasurer fails to defend Stage 3 tax cuts


In response to a simple question from the Greens Member for Brisbane during Question Time - “How are Labor’s Stage 3 tax cuts actually good for the economy?” - the Treasurer today failed to outline even one economic benefit of the tax cuts.

Quotes attributable to Greens MP for Brisbane, Stephen Bates:

“The Treasurer can’t make even one argument in favour of Labor’s Stage 3 tax cuts.

“The Treasurer has just confirmed Labor’s Stage 3 tax cuts deliver no benefit to the economy.

“Labor is spending $243b on tax cuts for the wealthy without offering even one argument in support.

“It’s a massively expensive exercise that not even the government can justify. Labor’s Stage 3 tax cuts must be axed now.

“Instead of giving tax cuts to billionaires and the wealthy, Labor should spend this money providing cost of living relief by getting dental and mental health into Medicare and wiping student debt.”