When the treasurer, Jim Chalmers, fronted the National Press Club the day after the budget in May, he was peppered with questions about stage-three income tax cuts.
Are the tax cuts, set to cost $313bn over a decade, being paid for with more government debt? Would Chalmers guarantee they would not be repealed? Do people earning more than $120,000, the biggest beneficiaries, really need to be compensated for “bracket creep”?
