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The Guardian - AU
The Guardian - AU
National
Paul Karp

Angus Taylor says government axing stage-three tax cuts ‘would be a broken promise of incredible magnitude’

Angus Taylor Tax Cuts Coalition Jim Chalmers Labor Inflation National Press Club
Angus Taylor speaking
Shadow treasurer Angus Taylor delivers his budget reply speech at the National Press Club. The Coalition says the stage-three tax cuts are an ‘iron-clad promise’ Labor must keep. Photograph: Martin Ollman/Getty Images

Angus Taylor has said there is “no ambiguity” on the commitment to stage-three income tax cuts, warning Labor that inflation was not an excuse to scrap them.

The shadow treasurer described the tax cuts as the greatest “marker of values in this term of parliament” at the National Press Club on Wednesday, underscoring the political danger if the Albanese government decides to ditch them.

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