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Treasurer Scott Morrison signals possibility of no tax cuts this budget

Treasurer Scott Morrison has given his clearest signal yet that personal and corporate tax cuts may be too difficult to deliver this budget, despite indicating for months that tax cuts would be his priority.

In an obvious indication of how difficult the Turnbull government is finding the budget repair task, Mr Morrison, when asked on Tuesday about the pressure that high tax rates were putting on the economy, said next year’s scheduled removal of the deficit repair levy was an example of forthcoming tax relief.

Read the full story at The Sydney Morning Herald.

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