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The Guardian - AU
The Guardian - AU
Business
Greg Jericho

The stage three tax cuts are a pile of garbage, and everybody knows it

A black and white photo of Bob Hawke waving from a car window in 1983
In 1983, Bob Hawke fronted the media soon after winning the election to say he wouldn’t deliver his promised tax cuts. Photograph: Fairfax Media Archives/Fairfax Media/Getty Images

Let’s be honest – the prime minister and every single member of the government knows the stage-three tax cuts are bad. They are tax cuts without a defender; a rotting pile of garbage from the Turnbull-Morrison years that no one is, as yet, willing to throw in the bin.

We know the prime minister and the treasurer, Jim Chalmers, think the cuts are bad policy because they told us as much when they were in opposition.

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