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Government urging that Australia follow US tax cuts

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Australian Federal Treasurer Scott Morrison (left) and Australian Finance Minister Mathias Cormann

Australian Federal Treasurer Scott Morrison (left) and Australian Finance Minister Mathias Cormann Source: AAP

There are calls for Australia to emulate the biggest overhaul of the United States' tax system in decades after it was passed by the US Congress today. (thur)

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By Andrea Nierhoff, Phan Bach

Source: SBS

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There are calls for Australia to emulate the biggest overhaul of the United States' tax system in decades after it was passed by the US Congress today. (thur)

The almost $2 trillion (aust) package will cut taxes for businesses and wealthy Americans, with smaller cuts for middle- and low-income earners.

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