Huge tax cuts in Australia

News.com.au reports:

Treasurer Josh Frydenberg has unveiled tax cuts worth up to $5490-a-year for families and will demand Parliament urgently legislate the relief to ensure the cash can hit workers’ pay packets by the end of the month, in a big spending federal Budget.

Promising the ‘instant’ tax cuts will offer hope in a year marked by “floods, droughts, fires, and a global pandemic”, the Budget will also offer a new wage subsidy to bosses who hire young, unemployed workers.

Sadly we have a Government here that believes the only acceptable fiscal stimulus is them deciding to spend more money, not giving taxpayers more of their own money to spend.