Greens\u2019 Treasury spokesperson Senator Nick McKim has responded to the release of the Tax Expenditure and Insights Statement and the government\u2019s proposed changes to superannuation tax concessions.<\/p>\n\n\n\n
\u201cThe big question the government is yet to answer is, what will these reforms be used to fund? Labor\u2019s Stage 3 tax cuts are the elephant in the room.\u201d<\/p>\n\n\n\n
\u201cModest changes to superannuation tax concessions to help pay for a $9,000 tax cut is just a money-go-round scheme for the rich.\u201d<\/p>\n\n\n\n
\u201cJim Chalmers is proposing to rob Peter to pay Peter.\u201d<\/p>\n\n\n\n
\u201cAny budget that includes the Stage 3 tax cuts makes us a less equal society.\u201d<\/p>\n\n\n\n
\u201cThe Tax Expenditure and Insights Statement shows just how much tax breaks already favour the rich.\u201d<\/p>\n\n\n\n
\u201cThe Stage 3 tax cuts are only going to make this worse.\u201d<\/p>\n\n\n\n
\u201cLabor cannot claim to be a party of the working class while they\u2019re implementing a quarter of a trillion dollars in tax cuts, three-quarters of which go to the top 20% of income earners.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"
Greens\u2019 Treasury spokesperson Senator Nick McKim has responded to the release of the Tax Expenditure and Insights Statement and the government\u2019s proposed changes to superannuation tax concessions. \u201cThe big question the government is yet to answer is, what will these reforms be used to fund? Labor\u2019s Stage 3 tax cuts are the elephant in the … Continue reading “STAGE 3 TAX CUTS ARE THE ELEPHANT IN THE ROOM”<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[],"class_list":["post-20388","post","type-post","status-publish","format-standard","hentry","category-aussie"],"_links":{"self":[{"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/posts\/20388","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/comments?post=20388"}],"version-history":[{"count":1,"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/posts\/20388\/revisions"}],"predecessor-version":[{"id":20389,"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/posts\/20388\/revisions\/20389"}],"wp:attachment":[{"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/media?parent=20388"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/categories?post=20388"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/tags?post=20388"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}