Act calls for responsible management in tough circumstances
The party is now offering $16 billion worth of income tax cuts over four years.
Act's tax cuts will not be as substantial as initially planned.
In the face of worsening public finances, the Act Party has moderated its tax cut plans.
It had proposed to cut the current five tax rates to just two, with a top rate of 28% on income over $48,000 a year.
But in its updated alternative budget released today it is now proposing three tax rates, with
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