Share To their dismay, these prime ministers discovered that voters are not as stupid – or as venal – as they thought. When asked why a taxpayer shouldn’t consider the first tax cut of $5 a week to be derisory, Jim Chalmers replied that she should consider it as part of the longer-term picture. The two tax cuts to come, plus the one that took effect last year, would deliver a cumulative total of $2190 for the worker on average earnings by 2027-28.