Income tax cuts pass the lower house
The federal government‘s personal income tax cuts have passed their first challenge, getting through the lower house.
Labor supported the government on a new low and middle-income tax offset that would provide $530 a year and the lifting of the 32.5 per cent tax bracket from $87,000 to $90,000, both starting July 1.
But shadow treasurer Chris Bowen was defeated in attempts to separate those measures from further tax cuts in 2022 and a reduction in 2024, a move the opposition is expected to pursue in the Senate.
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