While Australians were ensconced in the Easter long weekend, the Albanese government announced that would not be extending the low- and middle-income tax offset (LMITO) in the upcoming budget.
LMITO was stage one in a three-phase tax reduction plan legislated by the previous government.
This revelation should not come as a surprise as the current policy agenda of the federal government is making the livelihoods of mainstream Australians more difficult.
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