The federal government appears set to maintain income tax cuts that will predominantly benefit high and middle-income earners in this month's budget, despite looming speculation the multi-billion dollar package would need to be pared back amid a worsening economic outlook.
The ABC understands it is unlikely there will be any change to the stage 3 income tax cuts in the October 25 budget, which were legislated under the former Coalition government and are due to come in to effect in 2024.
