In the face of the upcoming election, the Australian prime minister has promised lower taxes if he is elected for another four years.
He pledged $100 billion (US$72.47 billion) in tax relief for Australian workers on April 24, saying that a low tax guarantee is at the heart of the economic plan for a stronger economy and stronger future.
“Our Government has delivered income tax relief for more than 11 million Australians and reduced small business tax rates to the lowest level in 50 years—we are the party of lower taxes,” Morrison said in a release.
This guarantee will see no new taxes on workers, retirees, superannuation, small businesses, housing, and electricity.
…