Follow today’s news liveGet our breaking news email, free app or daily news podcastJim Chalmers’ budget bill will face debate and a vote in the House today, and he poses the legislation as a “really simple choice” for the Coalition.As we know, the government has set up the bill as a wedge for the opposition, by including both tax changes to CGT and negative gearing and tax cuts for workers.Really simple choice in the parliament today: Labor lower taxes on workers, a fair go for first home buyers. The Coalition opposing both of those things.Yet another beat-up about the sensible, commonsense tax reforms at the core of the budget.
Not unusual, as I said, for definitions to be settled this way, and the parliament can disallow them if they want. Continue reading...
