Mr Turnbull and Personal Income Taxes

Scott Morrison: The day before, Mr Turnbull had said he had yet to be convinced that raising the GST to make cuts to personal income taxes was the right way to go, according to Nine News Australia. But quizzed on the issue by Labor in parliament, Mr Turnbull said the design of such a move was a question of balance, whether it was fair and provided additional impetus to economic growth."I believe that all Australians expect this government to approach this issue not with slogans or with scare campaigns, but with careful analysis," he said. Neither the prime minister nor Treasurer Scott Morrison ruled it out as part of the government tax reform agenda, despite having plenty of opportunities to do so on Monday. Mr Morrison also left the door ajar to an increase in the GST from 10 per cent."You just don't write things off carelessly and politically," he said. Mr Morrison also appeared to rule out suggestions the government was considering making changes to negative gearing, saying it provided a real opportunity for middle-income-earning Australians. The treasurer wants to deliver personal tax cuts - if the GST is increased to 15 per cent - rather than use an estimated $30 billion in extra revenue for spending on hospitals and schools, as the states want."If that not possible by that method, we are just going to go the long road," he said. (news.financializer.com). As reported in the news.

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