Tax cuts backed by Labor will give men $2 for every $1 women get, Greens modelling shows - My News TV

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Wednesday, July 28, 2021

Tax cuts backed by Labor will give men $2 for every $1 women get, Greens modelling shows

Adam Bandt says Labor is ‘gutless’ for supporting stage three cuts and decision is political opportunity for Greens

Greens leader Adam Bandt says Labor is politically “gutless” for backing the government’s stage three tax cuts, releasing modelling showing the cuts will worsen the gender pay gap and give high income earners up to 400 times the benefit of the lowest paid.

Analysis prepared by the parliamentary budget office for the Greens shows that men will receive about $2 for every $1 women receive between 2024 and 2031 under the tax plan, receiving a total of an extra $121.7bn compared with $62.4bn for women over the period.

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from World news | The Guardian https://ift.tt/2WwILxi

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