The federal government hinted that they will increase taxes in the upcoming May Budget. Earlier, the rating agency, Moody's Investors Service , says limited spending cuts won't be enough to bring the budget back into balance by 2021.
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Will the May Budget increase taxes?
The federal government hinted that they will increase taxes in the upcoming May Budget. Earlier, the rating agency, Moody's Investors Service , says limited spending cuts won't be enough to bring the budget back into balance by 2021.
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By Selina Kong
Source: SBS
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