Yahoo Finance Pauline Hanson refuses to support Coalition's $158b income tax cut plan
One Nation leader Pauline Hanson has refused to support the Coalition government’s $158 billion schedule of tax cuts, the largest income tax cuts since the Howard era.
Speaking to Today, she said she was not supporting the full package of cuts “at this stage”.
“We are talking about over $158 billion over the next few years. You know, I think there is more important issues out there that are of concern."
Instead, Hanson would prefer to see money funnelled towards building a coal-fired power station to “reduce the electricity prices”.
Additionally, “I want to see the Bradfield scheme to ensure water security in Australia. Those two alone will cost about 25 or 20 billion dollars."
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She said those programs would boost employment, cheaper electricity, water security and keep industry manufacturing in Australia.
Hanson added that it was important to have a royal commission into child support and family law.
“Men are suiciding daily and women have been murdered.
“Yet the government’s reluctant to do anything about it. Tax cuts – no. I think it is important to get the other things on the agenda first and foremost.”
The Labor party has expressed support for the first two phases of the income tax plan, which deliver relief to middle and low-income earners, but has held off supporting the third element which would see tax cuts deliver tax relief to those earning up to $200,000.
The first set of cuts, due from 1 July, would see benefits of up to $1,080 delivered to those earning up to $126,000. However, it’s unlikely these benefits will be delivered by this date as it needs to pass parliament to come into effect.
Parliament will resume on 2 July.
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