Peta Credlin points out ‘massive problems’ for Labor amid stage three tax cut changes
Sky News host Peta Credlin explains the “two massive problems” for Labor following the confirmation the government is set to break its pledge to keep the stage three tax cuts as legislated.
"First, there's the broken promise – and governments shouldn't make promises they never intended to keep, especially when they're also pledging to restore integrity in government; so this broken promise looks like hypocrisy, as well as a breach of faith.
"Second, there's the roll-back of one of the few genuine economic reforms of the past decade, the Morrison government's change to a flatter tax system, one that incentivises people who want to work hard and get ahead."
Ms Credlin said, further, the government could – with its surprise surplus – have made the tax cuts for lower-income earners bigger without breaking its promise to those on higher incomes.
“But because they're doing it anyway, this looks like a measure of class war envy – so much for another one of the PM's pre-election commitments that he said he'd matured on from his days when he was an ‘I hate Tories’ undergraduate lefty.
“As well, most of the losers from this change will be in the Teal seats, who now have a reason to feel ripped off by the Albanese government."