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AAP
AAP
Politics
Dominic Giannini and Poppy Johnston

REVEALED: Ministers coy on tax cut changes | Rare Historical Photos

Let's not pretend economic circumstances aren't changing, Finance Minister Katy Gallagher says. (Mick Tsikas/AAP PHOTOS) (AAP)

With a recession looming and rate hikes hurting hip pockets, a fight over tax cuts is escalating as Labor prepares to deliver its first budget in almost a decade.

Government ministers have consistently stood by legislated stage-three tax cuts, which will largely benefit high-income earners.

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