Low and middle income earners will receive tax cuts of up to $1,000 a year from July.
Leaked treasury documents reveal people who earn less than $50,000 a year, will be the big winners in the Rudd government’s raft of tax cuts.
A person on a salary of 40 thousand dollars will have their tax reduced by $20 a week, more than three times the average annual cut under the Coalition.
Middle income earners on $50,000 a year will receive $15 dollars a week off their tax bill.
Other cuts have also been flagged for higher wages and Mr Rudd has told Channel Nine, the people deserve it.
“We believe, based on the example you gave just before about the cost pressures on working families, we will give them every bit of support we can, and that’s why we’re determined to go ahead with tax cuts.”