What You Need To Know Today

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Cutting Taxes, And Spending

The rumble for income tax cuts from the federal Liberal Party back bench is growing louder, with a ginger group publicly campaigning for change. However, it has failed to detail either how the tax cuts should be made or the spending cuts needed to fund them. This lack of detail from the tax cuts' proponents - a loose group of as many as 25 federal MPs - makes it difficult to take the proposal seriously, especially as much of their case rests on preventing the way bracket-creep boosts the ...