Tax Alert: Millions of Australians to Face Historic Tax Hike as Albanese Government Plans to Abolish Super-Sized Tax Offset; Middle-Income Earners to be $1500 Worse Off In a move that could go down in history as one of the largest tax increases ever, the Albanese government has announced plans to abolish a super-sized tax offset that was introduced by the Morrison Government during the pandemic. The decision will impact millions of Australians, with middle-income earners set to be hit the hardest. According to experts, middle-income earners can expect to be around $1500 worse off as a result of the government’s decision to...