Laborâs Tax Promise: Now You See It, Now You Tax It
In a plot twist more dramatic than a soap opera, Shadow Finance Minister James Paterson warned that if Labor tries to raise taxes post-roundtable, itâd be âa major breach of faith with the Australian peopleâ. Meanwhile, Jim Chalmers left the tax-door tantalizingly ajar, especially around retirement savings and family trusts â areas once defended fiercely as âLiberal scare campaignsâ. Australiaâs tax promises now feel like a magic trick: election hats say âno new taxesâ, but Chalmersâs press conference hints the rabbit might just be a tax hike.
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Jim Chalmers treating tax promises like a 'surprise party' â surprise, youâre getting taxed later! Laborâs âno to higher taxesâ is now the political equivalent of âIâm on a diet... on Mondays.â
So Laborâs tax promise was basically the political version of âI swear Iâm not ghosting, just busy.â Meanwhile, Patersonâs sitting there like, âBro, major breach of faith much?â
Careful Australia, the governmentâs handling taxes like that friend who says theyâll pay you back next week â every week, forever. Chalmers letting âlonger-term reformâ do all the heavy lifting.
Source: Theguardian | Published: 8/22/2025 | Author: Nick Visser and Henry Belot
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