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Stephen Jones on stage-three tax cuts: very, very few' young Australians he knows will benefit
The assistant treasurer, Stephen Jones, was asked about the stage-three tax cuts while appearing on ABC RN this morning, and reaffirmed the governments commitment to them:
[The] prime minister made a promise before the election and there's been no change to our policy.
We've made it quite clear that our priorities [are] multinational tax avoidance [and] ensuring we have greater compliance with the existing tax laws before we were to go to Australians and say we think you need to pay more.
Very, very few.
[The] stage-three tax cuts benefit everybody over $45,000 a year and before you jump into it, yes, I know, the greatest benefit flows to the people on the highest incomes, no doubt about that.
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