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Treasurer says tax cuts are ‘nothing to sneeze at’

Jacqui Felgate
Article image for Treasurer says tax cuts are ‘nothing to sneeze at’

The Treasurer says the new income tax cuts that passed parliament on Thursday are “nothing to sneeze at”.

Low to middle-income earners up to $90,000 will likely get a $530 rebate from next financial year.

“If there’s two people in your household earning that, then that’s over $1000 for the family – that’s nothing to sneeze at,” Scott Morrison told Tom Elliott.

The move will cut tax by $144 billion over the next seven years.

Click PLAY below to hear Scott Morrison explain more

Jacqui Felgate
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