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A tax cut in Labor's 'battle-ready' budget

Politics Now

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Navigating Tax Cuts and Bracket Creep

This chapter explores the effects of bracket creep caused by inflation on taxpayers, leading to increased tax burdens. It discusses the government's recent tax cuts aimed at middle-income Australians, their political timing, and potential inflation impacts. The conversation also reflects on the broader implications for fiscal sustainability amid ongoing structural deficits and shifting political agendas.

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