Skip to playerSkip to main content
  • 2 days ago
A Labor state premier is demanding his federal colleagues cut income taxes further warning bracket creep is hurting families. The intervention increases the pressure on the Albanese government which is already facing a backlash over the tax changes contained in last week's budget.

Category

📺
TV
Transcript
00:01At a factory for prefabricated homes, the Treasury hits back at critics making what he says are fabricated claims.
00:09Tim Wilson's misinformation and his lies didn't last 30 minutes of scrutiny.
00:16The shadow Treasury used his press club speech to lambast the budget and its planned overhaul of the capital gains
00:23tax discount,
00:24picking up on a viral meme to highlight the case of a teenage entrepreneur.
00:29She has learned she has a shareholder who wants to take half the reward for her effort.
00:37But would Sienna really be worse off under the changes?
00:40We're dealing with hypotheticals, I'm telling you what her story is.
00:43Jim Chalmers seeking to soothe concerns and set the record straight.
00:47Contrary to a lot of the misinformation that you might see is that there are four existing concessions and carve
00:55outs for small business and we're not changing them.
00:58There is very legitimate concerns from small business about these changes, but there is also a high level of confusion.
01:05Capitalising on that confusion, the Nationals leader today demanding an early election.
01:10He should give the Australian people the chance to change their mind and have another election.
01:15Less enthusiasm from the Liberals who just lost a by-election.
01:19I haven't called for an election, but I have made the point that there is a very clear breach of
01:22trust.
01:23Undeterred, the Government will introduce its changes to negative gearing and the capital gains tax discount to Parliament in the
01:30next fortnight.
01:31Although it's still consulting the start-up sector over possible carve outs.
01:35Already feeling the heat, today the Treasurer got a prod from his own side to give workers bigger tax cuts.
01:42At the top marginal rate of 47%, you're working Monday, Tuesday and half of Wednesday for yourself and then Wednesday,
01:49Thursday and Friday for the Government.
01:51Five different times in three different ways this is a Government which cuts income taxes.
01:57Pressing ahead with his plans.
02:00Brussels
02:00Congress
02:00Pressing bear with His own bedeutet
02:00Up
02:00Dependency
02:00Convers jurisdiction
02:00The
02:00Cannotacial
02:00Его
02:011956
02:01Number
02:01Stan
02:01Bush
Comments

Recommended