Summary of proposal
Party
Australian Greens
Policy Topic
Taxes
Portfolio
Treasury
This request involves four options.
- Option 1: Bring forward the scheduled personal income tax cuts beginning on 1 July 2022 to 1 July 2021, without adjusting the end date of the low and middle income tax offset.
- Option 2: Bring forward the scheduled personal income tax cuts beginning on 1 July 2022 to 1 July 2020, without adjusting the end date of the low and middle income tax offset.
- Option 3: Bring forward the scheduled personal income tax cuts beginning on 1 July 2022 to 1 July 2021, and remove the low and middle income tax offset for the 2021-22 income year.
- Option 4: Bring forward the scheduled personal income tax cuts beginning on 1 July 2022 to 1 July 2020, and remove the low and middle income tax offset for the 2020-21 and 2021-22 income years.
18 September 2020