The Gold Coast Bulletin

WHY IT’S HARD TO FIRE UP ON TAX

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SORRY. I should be on top of this tax debate, especially with federal politician­s treating this as a savage war for this country’s future.

“Snob!” shouts Labor leader Bill Shorten. “Sycophant!” bellows Prime Minister Malcolm Turnbull.

Honestly, I know I should care. But how can I take this seriously – whether it’s the rival plans or some of the clowns who’ll decide which one we get?

Had the Turnbull government wanted, it could have got its planned $530-a-year tax offset for lower-income Australian­s through Parliament yesterday. Labor said it would vote for it even though its own plan promises cuts almost twice that size for workers on up to $125,000. So what’s the hold-up? Well, the government says Labor can’t vote for just that part of its tax plan. It must accept the whole deal, including tax cuts for richer Australian­s bigger than Labor is offering. And to which Labor says no.

That’s the stalemate. Normally I’d say that’s a battle worth fighting, especially when the government plans to scrap the 37 per cent tax bracket so people keep paying just 32.5 per cent until they hit $200,000 a year.

But not this time. Not when we are talking about changes that won’t kick in for years.

That’s right. Yes, that $530 rebate for lowerincom­e Australian­s is meant to start next financial year, but the rest of the tax cuts won’t come until 2022 (for people earning up to $120,000) or 2024 (for people earning more).

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