Reports today that the Treasurer asked his department for advice on changes to the stage three tax cuts as early as June 2022 raises serious questions about the Albanese Labor Government’s integrity and credibility.
The Prime Minister and Treasurer said on at least 100 occasions they had no plans for changes since the May 2022 election.
The Prime Minister repeatedly claimed earlier this year that his government only sought advice over the summer break.
But FOI documents revealed today suggest the Treasurer sought advice just a couple of weeks after the Albanese Labor Government was sworn in.
It is abundantly clear that Labor says one thing to Australians, while doing the complete opposite behind the scenes.
Voters have a right to ask what else the government has been lying about.
Shadow Treasurer Angus Taylor said Australians deserve better.
“This is an egregious breach of trust.
“The Coalition’s stage three tax cuts were part of a broader tax reform package designed to tackle bracket creep. The policy went to two Federal Elections.
“Labor’s changes are literally banking on bracket creep, with Treasury’s own forecasts showing it will cost Australians an extra $28 billion in taxes over the next 10 years.
“To add insult to injury, the government is spending $40 million of taxpayers’ money on a spin unit to sell its broken promise. It also appears from reports that the government has spent significant taxpayer funds to block FOI requests.
“The Coalition is the party of lower, simpler, fairer taxes and we will never stand in the way of tax cuts.
“But the way Labor has gone about this – by robbing Peter to pay Paul – and lying to Australians about it is unacceptable.”