Frydenberg claims Labor lacking ‘discipline’ to hold tax to GDP cap

Treasurer Josh Frydenberg has attacked the opposition’s economic agenda after Shadow Treasurer Jim Chalmers flagged the abolition of the government’s tax to GDP ratio.

The treasurer said Mr Chalmers has promised more than $80 billion of additional funding and spending during COVID-19 alone.

“It’s no wonder Jim Chalmers and the Labor Party don’t want to have the discipline of a tax to GDP cap because they won’t stick to it,” Mr Frydenberg said.

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