CANBERRA (Reuters) - Australia passed a A$144 billion (80.57 billion pounds) package of income tax cuts on Thursday after right-wing leader Pauline Hanson backed the legislation, potentially boosting the re-election prospects of the centre-right government.
Taking a page from a tax overhaul in the United States, Australia's seven-year plan to cut personal income taxes is aimed at boosting the economy and delivering a political victory for Prime Minister Malcolm Turnbull.
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